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Press Release -- September 26th, 2013
Source: rng
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RingCentral Announces Pricing of Initial Public Offering

Shares to Trade on NYSE under Ticker Symbol "RNG" 

San Mateo, Calif. – September 26, 2013 – RingCentral, Inc., a leading provider of cloud business communications solutions, today announced the pricing of its initial public offering of 7,500,000 shares of its common stock, including 7,420,000 shares from the company and 80,000 shares from selling stockholders, at a price to the public of $13.00 per share. The shares are expected to begin trading on the New York Stock Exchange on September 27, 2013, under the symbol "RNG."  In addition, the company has granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares of common stock.

Goldman, Sachs & Co., J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint book-running managers for the proposed offering, and Allen & Company LLC and Raymond James are acting as co-managers.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on September 26, 2013. The offering will be made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at 1-866-471-2526; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 1-866-803-9204; or BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Investor Relations Contact:

Greg Kleiner

ICR for RingCentral

(650)581-9443

ir@RingCentral.com

 

Media Contact:

Nisha Ahluwalia

650-472-4127

nisha@ringcentral.com

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