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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Tue., Feb. 9, 2:28 AM

Slide #6. Hortonworks, Inc. Secondary Offering

Company: Hortonworks, Inc. (NASDAQ:HDP)
Date announced: 2/2/2016
Shares Offered: 8,425,000
Date of Pricing: 2/2/2016
Price Per Share: $9.50
Secondary Offering Details: Hortonworks, Inc. (NASDAQ: HDP) announced today the pricing of a follow-on offering of 8,425,000 shares of its common stock at a price to the public of $9.50 per share. In addition, Hortonworks has granted the underwriters a 30-day option to purchase up to an additional 1,263,750 shares of common stock from Hortonworks.

Hortonworks focuses on the development, distribution and support of the Hadoop open source project from the Apache Software Foundation. Co.'s platform integrates with data center technologies to enable data architectures and enables its customers to collect, store, process and analyze amounts of existing and data types. Co.'s product offerings include: Hortonworks Data Platform (NASDAQ:HDP), which is a data platform built from open source software components and is designed for mainstream enterprise adoption; and Hortonworks Sandbox, which is a personal, portable and free to use Hadoop environment designed to provide the way to get started with Enterprise Grade Hadoop and the HDP.

HDP SEC Filing Email Alerts Service

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Company Name:  Hortonworks Inc
Sector:  Application Software
Number of ETFs Holding HDP:  15
Total Market Value Held by ETFs:  $2.02M
Total Market Capitalization:  $472.00M
% of Market Cap. Held by ETFs:  0.43%

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

February 9, 2016    2:28 AM Eastern
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Buy (3.37 out of 4)
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