GoDaddy’s GDDY Initial Public Offering (IPO) Domain Stock Shares Open
Today the (TLD) Top Level Domain Name Provider juggernaut GoDaddy, launches its initial public offering (IPO). I don’t normally discuss stocks or their potential success, but just like many other Internet companies and websites that I use, GoDaddy is one of the best. GoDaddy knows how to sell! They implement great marketing strategies and in my opinion they are the best at what they do. That is, domain name and website services. I have been buying domain names from GoDaddy since shortly after they came on to the scene in 1999/2000. I recommend them to anyone and everyone I know and quite frankly try to avoid working with any client that uses anyone else because their services and tools in addition to their customer service are simply the best out there. And their prices, lets not forget that they have some of the best prices out there.
So what makes a good company to buy stock in and invest in? To me if a company can offer great and/or some of the best prices, while staying cutting edge and on top of the trends and technology while providing fast, accurate, quality, friendly, educated, clear, and articulate customer service with cutting edge commercials and marketing, amazing ability to leverage existing users and amazing upselling during the checkout process with a robust, intuitive, and user friendly User Interface (UI), you have a great company to invest and but stock in.
Today’s IPO for GoDaddy Inc. (NYSE: GDDY) opened for trading at $26.15 after pricing 23,000,000 shares of its Class A common stock at a price to the public of $20.00 per share, above the expected $17-$19 range.
As Quoted From Street Insider
GoDaddy Inc As filed with the Securities and Exchange Commission on March 19, 2015
See More Here at SEC >>
As filed with the Securities and Exchange Commission on March 19, 2015
Registration No. 333-196615
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT
NO. 7 TO
FORM S-1
REGISTRATION STATEMENT
Under
The Securities Act of 1933
GoDaddy Inc.
(Exact name of Registrant as specified in its charter)
Delaware | 7370 | 46-5769934 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
14455 N. Hayden Road
Scottsdale, Arizona 85260
(480) 505-8800
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
Blake J. Irving
Chief Executive Officer
GoDaddy Inc.
14455 N. Hayden Road
Scottsdale, Arizona 85260
(480) 505-8800
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Jeffrey D. Saper, Esq. Allison B. Spinner, Esq. Wilson Sonsini Goodrich & Rosati, P.C. 650 Page Mill Road Palo Alto, California 94304 (650) 493-9300 |
Nima Kelly, Esq. Executive Vice President & General Counsel Matthew Forkner, Esq. Deputy General Counsel GoDaddy Inc. 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505-8800 |
Alan F. Denenberg, Esq. Sarah K. Solum, Esq. Davis Polk & Wardwell LLP 1600 El Camino Real Menlo Park, California 94025 (650) 752-2000 |
Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box: ¨
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer | ¨ | Accelerated filer | ¨ | |||||
Non-accelerated filer | x | (Do not check if a smaller reporting company) | Smaller reporting company | ¨ |
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
CALCULATION OF REGISTRATION FEE
Title of each Class of Securities to be Registered |
Amount to be Registered(1) |
Proposed Maximum Offering Price Per Share |
Proposed Maximum Aggregate Offering Price(1)(2) |
Amount of Registration Fee(3) |
||||||||||||
Class A Common Stock, $0.001 par value per share | 25,300,000 | $ | 19.00 | $ | 480,700,000 | $ | 57,117.34 | |||||||||
(1) | Estimated pursuant to Rule 457(a) under the Securities Act of 1933, as amended. Includes an additional 3,300,000 shares that the underwriters have the option to purchase to cover over-allotments, if any. |
(2) | Estimated solely for the purpose of calculating the registration fee. |
(3) | The Registrant previously paid $12,880 of the registration fee in connection with the initial filing of this registration statement on June 9, 2014.
|
See More on the SEC Filing Here >>