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11.18.24
Wilson Sonsini Advises OneStream on Registered and Synthetic Secondary Offering
On November 18, 2024, OneStream, Inc., the leading enterprise finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions, closed an underwritten public offering of 15,000,000 shares of its Class A common stock at a public offering price of $31.00 per share. Wilson Sonsini Goodrich & Rosati represented OneStream in the transaction.
Newsletters
9.25.24
2024 Mid-Year Technology and Life Sciences PIPE and RDO Report
Wilson Sonsini Goodrich & Rosati is pleased to present the 2024 Mid-Year Technology and Life Sciences PIPE and RDO Report, analyzing 124 private investments in public equity (PIPEs) and registered direct offerings (RDOs) by U.S.-based tech and life science companies between January 1 and June 30, 2024.
Client Highlights
7.29.24
Wilson Sonsini Advises OneStream on Up-C IPO
On July 25, 2024, OneStream, a leading enterprise finance management platform, closed its initial public offering of 28,175,000 shares of its Class A common stock, including the exercise in full by the underwriters of their option to purchase an additional 3,675,000 shares, at a public offering price of $20 per share. The shares began trading on the Nasdaq Global Select Market on July 24, 2024, under the symbol “OS.” The offering consisted of 21,729,333 shares sold by OneStream, including the underwriters’ option exercise, and 6,445,667 shares sold by existing stockholders. Wilson Sonsini Goodrich & Rosati advised OneStream on the offering.
Client Highlights
4.23.24
Firm Advises Underwriters in Montrose Environmental’s $128 Million Follow-On Public Offering
On April 22, 2024, Montrose Environmental Group, Inc., an environmental services provider offering measurement and analytical services as well as environmental resiliency & sustainability solutions, completed the underwritten public offering of 3,450,000 shares of its common stock at a price of $37.15 per share, including the full exercise of the greenshoe option. Wilson Sonsini Goodrich & Rosati is advising the underwriters in the transaction.
Newsletters
2.22.24
2023 Technology and Life Sciences PIPE and RDO Report
Wilson Sonsini’s 2023 Technology and Life Sciences PIPE and RDO Report presents analysis related to 177 private investments in public equity (PIPEs) and registered direct offerings (RDOs) by U.S.-based technology and life sciences companies between January 1 and December 31, 2023. PIPEs and RDOs can be good alternatives to traditional underwritten offerings, particularly during periods of market volatility, because they can be negotiated discreetly and publicly announced after the parties agree to terms.
Newsletters
9.13.23
2023 Mid-Year Technology and Life Sciences PIPE and RDO Report
We present analysis related to 87 private investments in public equity (PIPEs) and registered direct offerings (RDOs) by U.S.-based technology and life sciences companies between January 1 and June 30, 2023. The report is limited to transactions in which the company raised at least $10 million and had at least one closing in the first half of 2023.
Newsletters
4.26.23
2022 Technology and Life Sciences PIPE Report
In this inaugural issue, we present analysis related to 108 private investments in public equity (PIPEs) by U.S.-based technology and life sciences companies between January 1 and December 31, 2022, in which each company raised at least $10 million.
Press Releases
12.05.22
Wilson Sonsini Goodrich & Rosati Elects 18 New Partners
Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, today announced that the firm has elected 18 new partners from its attorney ranks. The promotions will be effective February 1, 2023.
Client Highlights
5.28.21
Wilson Sonsini Advises Paymentus on IPO and Concurrent Private Placement
On May 28, 2021, Paymentus, a leading provider of cloud-based bill payment technology and solutions, announced the closing of its initial public offering of 11,500,000 shares of Class A common stock, at a price to the public of $21.00 per share, which includes the full exercise of the underwriters’ option to purchase 1,500,000 additional shares of Class A common stock.
Client Highlights
8.27.20
Wilson Sonsini Advises Google in $100 Million Concurrent Private Placement in Amwell
On August 24, 2020, Google and American Well Corporation (Amwell), a leading telehealth company, announced that Google has agreed to purchase $100 million of Amwell’s newly created Class C common stock in a concurrent private placement, which is contingent on the closing of Amwell’s pending initial public offering and certain other closing conditions. Google and Amwell also announced their entry into a strategic partnership through which Amwell will be Google’s global telehealth solution platform partner and the Google Cloud Platform will be Amwell’s global cloud platform partner for telehealth visits.
Client Highlights
8.03.20
Wilson Sonsini Advises Google in $450 Million PIPE Investment in ADT
On August 3, 2020, ADT Inc., a leading provider of security, automation and smart home solutions, announced that Google has agreed to purchase $450 million of ADT’s newly created Class B common stock in a private placement, subject to certain closing conditions. Google is making the PIPE (private investment in public equity) deal in connection with its entry into a strategic partnership with ADT through which Google’s Nest hardware will be combined with ADT’s security, professional installation, and monitoring service to create a fully integrated set of devices, software, and services.
Client Highlights
7.01.20
Wilson Sonsini Advises Agora in $500 Million IPO and Concurrent Private Placement
On June 30, 2020, Santa Clara and Shanghai-based real-time engagement API provider Agora, Inc. announced the closing of its initial public offering of 20,125,000 American depositary shares (ADSs), each representing four Class A ordinary shares of Agora, at a public offering price of $20.00 per ADS. The number of ADSs sold in the IPO included 2,625,000 ADSs sold upon full exercise of the underwriters’ option to purchase additional ADSs to cover overallotments. The total amount raised in the IPO was approximately $402.5 million.