|[November 15, 2013]
8x8 Announces Pricing of Common Stock Offering
SAN JOSE, Calif. --(Business Wire)--
8x8 (News - Alert), Inc. (NASDAQ:EGHT) today announced the pricing of a public offering
of 12,500,000 shares of its common stock at a price to the public of
$9.25 per share. In addition, 8x8 has granted the underwriters a 30-day
option to purchase up to an additional 1,875,000 shares of its common
stock. 8x8 will receive all of the proceeds from the sale of these
shares. The offering is expected to close on November 20, 2013, subject
to customary closing conditions.
BofA Merrill Lynch, Barclays, and Deutsche Bank Securities are acting as
joint book-running managers for the offering. Needham & Company,
Craig-Hallum Capital Group, and Dougherty & Company are acting as
co-managers for the offering.
The shares of common stock are being sold pursuant to the Company's
effective shelf registration statement. A prospectus supplement relating
to the offering will be filed with the Securities and Exchange
Commission. This press release is for informational purposes only and
does not constitute an offer to sell, or a solicitation of an offer to
buy these securities, nor shall thre be any sale of these securities in
any state or jurisdiction in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus and related
prospectus supplement, copies of which may be obtained from BofA Merrill
Lynch, 222 Broadway, New York, New York 10038, Attention: Prospectus
or from Barclays c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, firstname.lastname@example.org;
or from Deutsche Bank Securities Inc., Attention: Prospectus Department,
60 Wall Street, New York, New York 10005, email@example.com.
About 8x8, Inc.
8x8, Inc. (NASDAQ:EGHT) offers a comprehensive portfolio of unified
cloud-based communications and collaboration services that includes hosted
cloud telephony, office communications, hosted contact
center, video conferencing and virtual desktop software and
services. The company has been delivering business services to SMB,
mid-market and distributed enterprises since 2004 and has garnered a
reputation for technical excellence and outstanding reliability.
[ Back To Contact Center Solutions's Homepage ]