Fenwick & West represented the underwriters in the $316 million follow-on public offering for Veeva Systems Inc. (NYSE: VEEV), a provider of industry cloud software solutions for life sciences. The company priced 12,000,000 shares of its Class A common stock at a price to the public of $26.35 per share.
Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. Pacific Crest Securities LLC, Canaccord Genuity Inc., Stifel, Nicolaus & Company, Incorporated and Wells Fargo Securities, LLC acted as co-managers.
The Fenwick transaction team included corporate attorneys Gordon Davidson, Jeffrey Vetter, James Evans, Ran Ben-Tzur and Morgan Sawchuk.