VIENNA, VA — (Marketwire) — 08/01/12 — Eloqua, Inc., a leading provider of on-demand Revenue Performance Management solutions, today announced the pricing of its initial public offering of 8,000,000 shares of common stock at a price to the public of $11.50 per share. The common stock is expected to begin trading on the NASDAQ Global Market on August 2, 2012 under the ticker symbol “ELOQ.”
A total of 7,000,000 shares are being offered by Eloqua and 1,000,000 shares are being offered by selling stockholders. In addition, Eloqua has granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of common stock from Eloqua to cover over-allotments, if any. Eloqua will not receive any proceeds from the sale of shares by the selling stockholders.
J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. JMP Securities LLC, Needham & Company, LLC and Pacific Crest Securities LLC are acting as co-managers for the offering.
A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on August 1, 2012. This offering is being made only by means of a prospectus, copies of which may be obtained from J. P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204; or from Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, phone number (800) 503-4611.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
Staci Mortenson
ICR
203-682-8273
Joe Chernov
Eloqua
617-320-0738
Sari Martin
ICR
203-682-8345
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