Tech Company Inital Public Offerings
Pivotal Software IPO
Pivotal Software, operating out of San Francisco, had an IPO event on 4/19/2018.
Transaction Overview
Company Name
Announced On
4/19/2018
Transaction Type
IPO
Amount
$555,000,000
Proceeds Purpose
The principal purposes of this offering are to increase our financial flexibility, create a public market for our Class A common stock and facilitate our future access to the public equity markets. We intend to use the net proceeds of this offering for working capital and other general corporate purposes, including continued investments in the growth of our business described in "Business--Growth Strategy." In addition, we may use a portion of the net proceeds for investments in or acquisitions of businesses, technologies or other assets that we believe to be complementary. We do not have any existing agreements or commitments for any specific investments or acquisitions. We do not intend to transfer any net proceeds we receive from this offering to Dell Technologies, Dell or their respective affiliates, other than payments in the ordinary course of business under one or more of the agreements.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
875 Howard St. 5th Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Pivotal Software (NYSE: PVTL), the company at the intersection of big data, PaaS, and agile development, helps companies transform into great software companies.
Management Team
Title
Name
Email & Social
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