InvestorsHub Logo
Post# of 1545
Next 10
Followers 17
Posts 1254
Boards Moderated 1
Alias Born 05/02/2011

Re: None

Wednesday, 03/04/2015 11:48:17 PM

Wednesday, March 04, 2015 11:48:17 PM

Post# of 1545
Hi all, I don't know if anyone checks in here anymore, but I just learned of this upcoming IPO today (3-4-15)...

ETSY.com:



Today we filed a document known as a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). A copy of our announcement is below, but for context, here's some more information:

The SEC is the government agency that oversees IPOs. SEC rules require a "quiet period" around IPOs, meaning we are limited in what we can say on the topic, even to Etsy employees and the Etsy community. Most of the time, we'll have to say "no comment" to your questions, and I understand that may not be satisfying. I appreciate your patience with us during this process and we will share more information when we can.

Neither Etsy nor the underwriters have authorised anyone to provide you with information or make any representations about the matters discussed in this communication, other than those that will be contained in the prospectus that is part of the registration statement at the time that it becomes effective. They take no responsibility for, and can provide no assurance as to the reliability of any other information that others may give you.

***

Etsy Files Registration Statement for Proposed Initial Public Offering

Brooklyn, NY – March 4, 2015 – Etsy, Inc. ["Etsy"], an online and offline marketplace where people around the world connect to make, sell and buy unique goods, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Etsy intends to list its ordinary shares on the NASDAQ Global Select Market under the ticker symbol "ETSY".

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as joint book-running managers for the proposed offering. Allen & Company is acting as co-manager.

Etsy plans to reserve a portion of the shares to be sold in the offering through an IPO participation programme for individual purchasers. The programme will be administered by Morgan Stanley & Co. LLC. Go to etsyipo.morganstanley.com for more information.

The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus related to the offering may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: +1-866-471-2526, or via email: prospectus-ny@ny.email.gs.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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.

About Etsy

Etsy is a marketplace where millions of people around the world connect, both online and offline, to make, sell and buy unique goods. The Etsy ecosystem includes entrepreneurs who sell on our platform, consumers looking to buy unique goods in our marketplace, manufacturers who help Etsy sellers grow their businesses and Etsy employees who maintain our platform.

Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.