SolarWinds (SWI) to Offer 1.5M Common Shares
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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.
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