SolarWinds Announces Intention to File Registration Statement for Public Offering of Common Stock
AUSTIN, TX -- (Marketwire) -- 10/26/09 -- SolarWinds, Inc. (NYSE: SWI) today announced
that it intends to file a registration statement with the Securities and
Exchange Commission for a proposed public offering of common stock.
SolarWinds intends to offer 1.5 million shares of common stock and selling
stockholders intend to offer 8.5 million shares of common stock. To the
extent that the underwriters sell more than 10.0 million shares of common
stock, the selling stockholders intend to grant the underwriters an option
for a period of 30 days to purchase up to 1.5 million additional shares of
common stock.
The offering is subject to market and other conditions, including the
effectiveness of the registration statement to be filed under the
Securities Act of 1933.
This announcement is being made pursuant to and in accordance with Rule 135
under the Securities Act. As required by Rule 135, this press release does
not constitute an offer to sell or the solicitation of an offer to buy
securities, and shall not constitute an offer, solicitation or sale in any
jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of that
jurisdiction.