TEMPE, Ariz.--(BUSINESS WIRE)--
Limelight Networks, Inc. (Nasdaq:LLNW) announced the completion of
its initial public offering. The Company sold 14,900,000 shares of its
common stock, which includes the sale of an additional 2,400,000
shares of common stock to the underwriters upon exercise of their
overallotment option. The sale of the shares was at an offering price
of $15.00 per share. In addition, certain stockholders sold an
additional 3,500,000 shares of common stock at $15.00 per share
The net proceeds to the Company were approximately $205.5 million.
The Company did not receive any of the proceeds from the sale of the
shares sold by the selling stockholders.
A copy of the final prospectus relating to the offering may be
obtained from the prospectus department of Goldman, Sachs & Co., Attn:
Prospectus Department, 85 Broad Street, New York, New York 10004, via
fax at 212-902-9316, or via e-mail at prospectus-ny@ny.email.gs.com;
or from the prospectus department of Morgan Stanley & Co.
Incorporated, 180 Varick Street, New York, NY 10014, via telephone at
1-866-718-1649, or via email at prospectus@morganstanley.com.
Source: Limelight Networks, Inc.
Contact: Limelight Networks, Inc.
Matthew Hale
Chief Financial Officer
602-850-5000
or
Silverman Heller Assoc.
Philip Bourdillon/Gene Heller
310-208-2550