On June 29, 2021, MongoDB, Inc., the leading, modern general purpose database platform, announced the pricing of an underwritten public offering of 2,500,000 shares of its Class A common stock at a price to the public of $365.00 per share. MongoDB estimates that the net proceeds from the sale of the shares will be approximately $889.0 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by MongoDB. Wilson Sonsini Goodrich & Rosati represented the underwriters in the offering, which closed on Friday, July 2, 2021.

Morgan Stanley and Goldman Sachs & Co. LLC acted as joint book-running managers for the offering. Drexel Hamilton, Guzman & Company, Siebert Williams Shank, and Tigress Financial Partners acted as co-managers for the offering.

The Wilson Sonsini team advising the underwriters in the transaction includes Mike Labriola, Megan Baier, Mark Bass, Hyo Min Kim, and Norman Zhang.

For more information, please see MongoDB’s press release.