trivago (TRVG) Files for IPO

November 14, 2016 4:26 PM EST
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trivago, a global hotel search platform, today announced the filing of a registration statement on Form F-1* with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of American depositary shares (ADSs) representing Class A shares of its affiliate, travel B.V. (the Company). A portion of the ADSs will be issued and sold by the Company and a portion will be sold by certain shareholders of the Company. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The Company intends to list the ADSs on The NASDAQ Global Select Market under the ticker symbol "TRVG."

trivago is a spin-off from Expedia (NASDAQ: EXPE).

J.P. Morgan Securities LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC will act as lead book-running managers. Allen & Company LLC, BofA Merrill Lynch, Citigroup Global Markets, Inc. and Deutsche Bank Securities Inc. will act as bookrunners and Cowen and Company, LLC and Guggenheim Securities, LLC will act as co-managers.

The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to these securities may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attn: Prospectus Department, or by calling 866-803-9204; Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone: 1-866-471-2526, or by e-mail at prospectus-ny@ny.email.gs.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.



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