Netezza Closes IPO
Netezza announced that it closed the sale of 10,350,000 shares of its common stock
July 26, 2007
FRAMINGHAM, Mass. -- Netezza Corporation (NYSE Arca: NZ) today announced that it closed the sale of 10,350,000 shares of its common stock, including 1,350,000 shares of common stock representing the over-allotment option granted to the underwriters, resulting in gross proceeds of $124.2 million, before commissions and expenses, and net proceeds before expenses of $115.5 million.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. Incorporated acted as joint book-running managers for the offering with Needham & Company, LLC and Thomas Weisel Partners, LLC serving as co-managers. A copy of the final prospectus relating to the offering may be obtained by contacting either the Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, telephone 1-800-221-1037, or Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attention: Prospectus Department, by telephone at 212-761-6775 or by e-mail at [email protected].
Netezza Corp.
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