The Online Investor
OLI Premium
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter

Slideshow IPOs

By The Online Investor Staff, updated Mon., Apr. 23, 12:53 PM

Slide #2. Pivotal Software, Inc. Initial Public Offering

Company: Pivotal Software, Inc.
Proposed Symbol: PVTL
Shares Offered: 37,000,000
Price Per Share: $15.00
Over-Allotment: 5,550,000
Description: Pivotal Software, Inc. ("Pivotal") today announced the pricing of its initial public offering of 37,000,000 shares of its Class A common stock at a price to the public of $15.00 per share. Pivotal is offering 33,117,000 shares of its Class A common stock and General Electric, the selling stockholder, is offering 3,883,000 shares of Class A common stock (which represents approximately 20% of General Electric's position in Pivotal). Pivotal shares are expected to begin trading on the New York Stock Exchange on April 20, 2018 under the ticker symbol "PVTL." The offering is expected to close on April 24, 2018, subject to customary closing conditions. Pivotal has granted the underwriters a 30-day option to purchase up to an additional 5,550,000 shares of its Class A common stock.

IPOs: Pivotal Software, Inc.

April 23, 2018    12:53 PM Eastern

IPOs | | Copyright © 1998 - 2018, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.