Fenwick represented PubMatic, Inc. (NASDAQ: PUBM), a specialized cloud infrastructure platform that enables real-time programmatic advertising transactions, in its initial public offering.
PubMatic sold 2,655,000 shares of Class A common stock, and certain selling stockholders sold 4,130,000 shares of Class A common stock, including the shares sold upon the full exercise of the underwriters’ option to purchase 885,000 additional shares, at a price to the public of $20.00 per share.
Jefferies LLC and RBC Capital Markets, LLC acted as joint book-running managers for the offering. JMP Securities LLC, KeyBanc Capital Markets, Oppenheimer & Co. Inc. and Raymond James & Associates, Inc. acted as co-managers for the offering.
More information about the offering can be obtained from PubMatic’s announcement.
The Fenwick transaction team included corporate partners Mark Stevens and James Evans, principal Eli Curi, counsel Nicolas Dumont and associates Michael Shaw, Caroline Wells, Myles Gutenkunst and Jared Leung; and executive compensation & employee benefits partner Marshall Mort and associate Jonathan Stephenson.