Fenwick Represents Cloudera in $254 Million Follow-On Offering

Fenwick & West represented Cloudera, Inc. (NYSE: CLDR), a leading platform provider for machine learning and advanced analytics built on the latest open source technologies, in its $254 million follow-on offering of common stock. Cloudera is offering 3,000,000 shares of common stock and the selling stockholders are offering 10,432,114 shares of common stock at a price to the public of $16.45 per share, including the underwriters’ option to purchase an additional 2,014,816 shares of common stock. Cloudera will not retain any proceeds from the shares sold by existing stockholders.

Morgan Stanley, J.P. Morgan and Allen & Company LLC are acting as lead bookrunners for the offering. BofA Merrill Lynch, Citigroup and Deutsche Bank Securities are acting as book-running managers and Stifel, JMP Securities and Raymond James are acting as co-managers.

The Fenwick transaction team was led by corporate lawyers David Bell, Niki Fang, Jennifer Hitchcock, Amanda Baratz, Kyle Canchola and Amy Zhang.