Send to a Friend Share

SolarWinds (SWI) to Offer 1.5M Common Shares

October 26, 2009 7:34 AM EDT
SWI Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +38.8%
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.

You May Also Be Interested In


Related Categories

Equity Offerings

Add Your Comment





Follow StreetInsider.com On Twitter