San Jose, California, March 22, 2018
Zscaler, Inc. (Nasdaq:ZS) today announced the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 1,800,000 shares of its common stock.
After the underwriters’ exercise of the option to purchase additional shares (often called “green shoe”), a total of 13,800,000 shares were sold at the price to the public of $16.00 per share for a total of $220.8 million in aggregate gross proceeds.
Lead book running managers for the offering:
Additional book running managers:
A registration statement relating to these securities was filed with, and declared effective by, the U.S. Securities and Exchange Commission (“SEC”). Copies of the registration statement can be accessed through the SEC's website at www.sec.gov. 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
This offering was made only by means of a prospectus. A copy of the final prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282 (telephone: (866) 471-2526 or email: email@example.com).
Zscaler enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud-first world. Its flagship services, Zscaler Internet Access and Zscaler Private Access, create fast, secure connections between users and applications, regardless of device, location, or network. Zscaler services are 100% cloud delivered and offer the simplicity, enhanced security, and improved user experience that traditional appliances or hybrid solutions are unable to match. Used in more than 185 countries, Zscaler operates a massive, global cloud security platform that protects thousands of enterprises and government agencies from cyberattacks and data loss. Learn more at zscaler.com or follow us on Twitter @zscaler.
Zscaler ™, SHIFT™, ZIA™, ZPA™, Direct-to-cloud™ and The internet is the New Corporate Network™ are trademarks or registered trademarks of Zscaler, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners.
Whitney Glockner Black
Director of Communications