MuleSoft, Inc. (NYSE: MULE), a San Francisco, CA-based integration platform for connecting any application, data source or API, whether in the cloud or on-premises, announced the pricing of its initial public offering.
13,000,000 shares of its Class A common stock are offered at a public offering price of $17.00 per share. The shares are expected to begin trading on the New York Stock Exchange on March 17, 2017, under the symbol “MULE,” and the offering is expected to close on March 22, 2017, subject to customary closing conditions.
MuleSoft has granted the underwriters a 30-day option to purchase up to an additional 1,950,000 shares of Class A common stock to cover over-allotments, if any.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as joint lead book-running managers for the offering. BofA Merrill Lynch is acting as an active book-running manager. Allen & Company LLC, Barclays Capital Inc., and Jefferies LLC are acting as book-running managers and Canaccord Genuity Inc., Piper Jaffray & Co., and William Blair & Company, L.L.C. are acting as co-managers.
Founded in 2006, MuleSoft provides organizations with the Anypoint Platform™ which enables over 1,000 organizations in more than 60 countries to build application networks.
The company was led by Adage Capital Management, Bay Partners, Brookside Capital, Cisco Investments, Hummer Winblad Venture Partners, Lightspeed Venture Partners, Meritech Capital Partners, Morgenthaler, New Enterprise Associates, Salesforce Ventures, Sands Capital Ventures, Sapphire Ventures, and ServiceNow.