MobileIron, Inc. (Nasdaq: MOBL) today announced the pricing of its initial public offering of 11,111,111 shares of its common stock at a price of $9.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on June 12, 2014 under the ticker "MOBL." All of the common stock is being offered by MobileIron, Inc. In addition, MobileIron, Inc. has granted the underwriters a 30-day option to purchase up to 1,666,666 additional shares of common stock from MobileIron, Inc.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead joint book-running managers for the offering. Deutsche Bank Securities Inc. and Barclays Capital Inc. are acting as book-running managers for the offering. Raymond James & Associates, Inc., Stifel, Nicolaus & Company, Incorporated, Nomura Securities International, Inc. and Blackstone Advisory Partners L.P. are acting as co-managers for the offering.
