Tech Company Inital Public Offerings
Dropbox IPO
Dropbox, operating out of San Francisco, had an IPO event on 3/22/2018.
Transaction Overview
Company Name
Announced On
3/22/2018
Transaction Type
IPO
Amount
$756,000,000
Proceeds Purpose
We intend to use a portion of the net proceeds we receive from this offering and the concurrent private placement to repay $172.8 million that is expected to be outstanding immediately prior to the completion of this offering under our revolving credit facility, which we intend to draw down prior to the completion of this offering to satisfy tax withholding and remittance obligations of $172.8 million related to the RSU Settlement.
Company Information
Company Status
Publicly-held
Industry
Storage
Mailing Address
185 Berry St. 400
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Dropbox (NASDAQ: DBX) keeps your files safe, synced, and easy to share. Bring your photos, docs, and videos anywhere and never lose a file again.
Management Team
Title
Name
Email & Social
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