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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Fri., Apr. 29, 8:01 AM

Slide #24. GoDaddy Inc. Secondary Offering

Company: GoDaddy Inc. (NYSE:GDDY)
Date announced: 4/6/2016
Shares Offered: 16,500,000
Date of Pricing: 4/6/2016
Price Per Share: $30.25
Secondary Offering Details: GoDaddy Inc. (NYSE: GDDY), the world's largest technology provider dedicated to small businesses, announced today the pricing of an underwritten public offering of 16,500,000 shares of its Class A common stock offered by certain of its existing stockholders at a price to the public of $30.25 per share. In addition, the underwriters have a 30-day option to purchase up to 2,475,000 additional shares of Class A common stock from certain existing stockholders. GoDaddy will not receive any proceeds from the sale of the shares by the selling stockholders.

GoDaddy is a holding company. Co. is a technology provider to small businesses, design professionals and individuals, delivering cloud-based products and personalized Customer Care. Co. provides website building, hosting and security tools to help customers construct and protect their online presence and tackle the changing technology landscape.

GDDY SEC Filing Email Alerts Service

Open the GDDY Page at The Online Investor »

Company Name:  GoDaddy Inc
Sector:  Application Software
Number of ETFs Holding GDDY:  20
Total Market Value Held by ETFs:  $11.50M
Total Market Capitalization:  $2.08B
% of Market Cap. Held by ETFs:  0.55%

Open the GDDY Page at The Online Investor (in a new window) »

April 29, 2016    8:01 AM Eastern
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Strong Buy (3.55 out of 4)
70th percentile
(ranked higher than approx. 70% of all stocks covered)
Based on Zacks ABR data;
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