CA-SNOWFLAKE-INC.
Snowflake, the cloud data platform, today announced the pricing of its initial public offering of 28,000,000 shares of Class A common stock at a price to the public of $120.00 per share.
The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “SNOW” on September 16, 2020, and the offering is expected to close on September 18, 2020, subject to customary closing conditions. In addition, Snowflake has granted the underwriters a 30-day option to purchase up to 4,200,000 additional shares of Class A common stock at the initial public offering price less underwriting discounts and commissions.
Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Allen & Company LLC, and Citigroup are acting as lead book-running managers for the offering. Credit Suisse, Barclays, Deutsche Bank Securities, Mizuho Securities, and Truist Securities are acting as book-running managers, and BTIG, Canaccord Genuity, Capital One Securities, Cowen, D.A. Davidson & Co., JMP Securities, Oppenheimer & Co., Piper Sandler, Stifel, Academy Securities, Loop Capital Markets, Ramirez & Co., Inc., and Siebert Williams Shank are acting as co-managers for the offering.
The offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile at (212) 902-9316 or by email at prospectus-ny@ny.email.gs.com ; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@jpmorgan.com or by telephone at (866) 803-9204; Allen & Company LLC, Attn: Prospectus Department, 711 Fifth Avenue, 10th Floor, New York, NY 10022, by telephone at (212) 339-2696 or by email at allenprospectus@allenco.com ; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (800) 831-9146.
A registration statement relating to the sale of these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200915006376/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
“B-Logic” Debuts at Kingpins Amsterdam13.10.2025 15:00:00 CEST | Press release
Five Companies Unite to Reimagine Denim and Showcase Sustainable Solutions In a bold move toward redefining denim, five trailblazing companies — Circulose, iTextiles®, Labor Made Inc., Neela, and The LYCRA Company — are joining forces to launch B-Logic: The Logical Future of Denim at Kingpins Amsterdam, October 15 – 16. Sugar Factory visitors can explore the sustainable collection of denim and wovens on the mezzanine level. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013240355/en/ In a bold move toward redefining denim, five trailblazing companies — Circulose, iTextiles®, Labor Made Inc., Neela, and The LYCRA Company — are joining forces to launch B-Logic: The Logical Future of Denim at Kingpins Amsterdam, October 15 – 16, 2025. Short for Being Logical, B-Logic is a visionary collaboration that takes a thoughtful and rational approach to developing the next generation of modern, sustainable denim. Every decision, from
Lattice Launches Industry-First PQC-Ready FPGA Family: MachXO5-NX TDQ13.10.2025 15:00:00 CEST | Press release
‒ Sets new standard for secure control FPGAs with full CNSA 2.0-compliant post-quantum cryptography, crypto-agility, and hardware root of trust for next-generation infrastructure ‒ Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today introduced the Lattice MachXO5™-NX TDQ family, the industry’s first secure control FPGAs with full Commercial National Security Algorithm (CNSA) 2.0-compliant post-quantum cryptography (PQC) support. Built on the award-winning Lattice Nexus™ platform, MachXO5-NX TDQ FPGAs deliver unmatched security, reliability, and flexibility for Computing, Communications, Industrial, and Automotive applications as the threat of quantum-enabled cyberattacks rises. “Quantum computing advances increase the urgency to adopt quantum-resistant security across every industry,” said Esam Elashmawi, Chief Strategy and Marketing officer, Lattice Semiconductor. “With MachXO5-NX TDQ, Lattice is first to market with a secure control FPGA family that not onl
Boomi Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for API Management13.10.2025 15:00:00 CEST | Press release
Boomi’s recognition as a Leader in API management reflects its execution and vision Boomi™, the leader in AI-driven automation, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for API Management. This recognition reflects Boomi’s strength in both ability to execute and completeness of vision, which in Boomi’s view, reaffirms the company’s focus on powering API innovation at the core of agentic transformation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013735773/en/ Boomi Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for API Management “As organizations race to unlock the full value of agentic AI, APIs have never been more critical,” said Steve Lucas, Chairman and CEO at Boomi. “That’s why it’s so meaningful that Boomi is the only vendor recognized as a Leader in both the 2025 Gartner® Magic Quadrant™ for API Management and the 2025 Gartner® Magic Quadrant™ for Inte
Sutherland Unveils Insurance AI Hub to Break Industry’s ‘Pilot Trap’13.10.2025 14:41:00 CEST | Press release
Purpose-built Agentic AI ecosystem with specialized agents already delivering measurable ROI in underwriting, claims, policyholder servicing, and more Sutherland, a global leader in business and digital transformation, today announced the launch of its Insurance AI Hub, an agentic AI ecosystem engineered to solve the scale, compliance, and ROI challenges insurers face in operationalizing AI. Unlike generalized AI platforms retrofitted for insurance or siloed tools that rarely make it beyond the demo stage, Sutherland’s solution is trained on real insurance workflows, tuned for regulatory demands, and already being deployed by enterprises today. Now with a comprehensive suite of specialized AI agents engineered for Life & Annuity, Group Benefits, Property & Casualty, and Specialty lines, the Insurance AI Hub lets insurers break free from proof-of-concept paralysis and finally scale AI with confidence. Sutherland’s AI offerings come with important enterprise guardrails already in place,
FoodChain ID Certifies Mulino Bianco’s Buongrano to Regenerative Agriculture (RGN) Standard13.10.2025 13:00:00 CEST | Press release
Italy’s leading baked-goods company, a Barilla Group brand, introduces the country’s first cookie certified with 100% regenerative soft wheat flour. FoodChain ID today announced that Mulino Bianco’s Buongrano has been certified to the FoodChain ID Regenerative Agriculture (RGN) Certification, marking Italy’s first bakery brand to introduce a cookie certified with 100% regenerative soft wheat flour.1 The certification provides independent verification of regenerative outcomes and will be communicated on-pack via the FoodChain ID RGN mark, helping consumers identify products sourced from farms advancing soil health, biodiversity and climate resilience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013488950/en/ FoodChain ID today announced that Mulino Bianco’s Buongrano has been certified to the FoodChain ID Regenerative Agriculture (RGN) Certification, marking Italy’s first bakery brand to introduce a cookie certified wit
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom