Back to SWI
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.

Back to SWI
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki