NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--May 29, 2015--
CyberArk Software Ltd. (NASDAQ: CYBR), the company that protects
organizations from cyber attacks that have made their way inside the
network perimeter, today announced that it has filed a registration
statement on Form F-1 with the Securities and Exchange Commission for a
proposed public offering of its ordinary shares. A majority of the
shares are expected to be sold by shareholders of the company and
approximately $50 million of the shares are expected to be sold by
CyberArk. The underwriters will have a 30-day option from the date of
the offering to purchase additional ordinary shares from the selling
shareholders. CyberArk will not receive any proceeds from the sale of
the shares by selling shareholders. The number of shares to be sold and
the allocation of the shares between CyberArk and existing shareholders
have not yet been determined.
Goldman, Sachs & Co., Deutsche Bank Securities Inc. and Barclays Capital
Inc. will act as joint book-running managers and as representatives of
the underwriters in the proposed offering. BofA Merrill Lynch and UBS
Securities LLC will also act as book-running managers for the proposed
offering. William Blair & Company, L.L.C., Nomura Securities
International, Inc. and Oppenheimer & Co. Inc. will act as co-managers
for the proposed offering.
The offering will be made only by means of a prospectus. When available,
a copy of the preliminary prospectus relating to the offering may be
obtained from either: Goldman, Sachs & Co., via telephone: (866)
471-2526; facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com;
or standard mail at Goldman, Sachs & Co., Attn.: Prospectus Department,
200 West Street, New York, NY, 10282; or Deutsche Bank Securities Inc.,
Attn: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone
at (800) 503-4611, or by emailing: prospectus.CPDG@db.com;
or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, telephone: 1 (888) 603-5847, or by
emailing: Barclaysprospectus@broadridge.com;
or BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention:
Prospectus Department, or by email at dg.prospectus_requests@baml.com;
or UBS Securities LLC, Attn: Prospectus Department, 299 Park Avenue, New
York, NY 10171, or by telephone at: (888) 827-7275.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy these
securities 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 offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About CyberArk
CyberArk is a global leader and pioneer of a new layer of IT security
solutions that protects organizations from cyber attacks that have made
their way inside the network perimeter to strike at the heart of the
enterprise. Dedicated to stopping attacks before they stop business,
CyberArk proactively secures against cyber threats before attacks can
escalate and do irreparable damage. The company is trusted by the
world’s leading companies – including 40 percent of the Fortune 100 and
17 of the world’s top 20 banks – to protect their highest value
information assets, infrastructure and applications. A global company,
CyberArk is headquartered in Petach Tikvah, Israel, with U.S.
headquarters located in Newton, MA. The company also has offices
throughout EMEA and Asia-Pacific.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005297/en/
Source: CyberArk Software Ltd.
Investor Relations Contact:
ICR
Staci Mortenson,
203-682-8273
Staci.Mortenson@icrinc.com
or
Media
Contacts:
CyberArk
Christy Lynch, 617-796-3210
press@cyberark.com