SALT LAKE CITY and SEATTLE, Jan. 28,
2021 /PRNewswire/ -- Qualtrics, the leader in customer
experience and creator of the experience management category,
announced the pricing of its initial public offering of 51,695,568
shares of its Class A common stock at a price to the public of
$30.00 per share.
The shares are expected to begin trading today on the Nasdaq
Global Select Market under the ticker symbol "XM", and the offering
is expected to close on February 1,
2021, subject to customary closing conditions. In addition,
Qualtrics has granted the underwriters a 30-day option to purchase
up to 7,754,335 additional shares of Class A common stock at the
initial public offering price less underwriting discounts and
commissions.
Morgan Stanley and J.P. Morgan are acting as lead book-running
managers for the offering. BofA Securities, Barclays, Deutsche Bank
Securities, Goldman Sachs & Co. LLC, HSBC, Citigroup, BMO
Capital Markets and Truist Securities are acting as book-running
managers, and Canaccord Genuity, Evercore ISI, JMP Securities,
Oppenheimer & Co., Piper
Sandler, Raymond James,
William Blair, Loop Capital Markets,
Ramirez & Co., Inc. and R. Seelaus & Co., LLC are acting as
co-managers for the offering.
The offering is being made only by means of a prospectus. Copies
of the prospectus relating to the offering, when available, may be
obtained from: 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;
BofA Securities, NC1-004-03-43, 200 North College Street, 3rd
floor, Charlotte, NC 28255-0001,
Attn: Prospectus Department, or via email:
dg.prospectus_requests@bofa.com; Barclays, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (888)
603-5847; Deutsche Bank Securities, Attn: Prospectus Department, 60
Wall Street, New York, New York
10005, telephone: 800-503-4611 or via email:
prospectus.cpdg@db.com; Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, New York 10282, telephone:
1-866-471-2526, facsimile: 212-902-9316 or by emailing
prospectus-ny@ny.email.gs.com; HSBC, 452 5th Avenue, New York, NY 10018, telephone: 1-877-429-7459,
or via email: ny.equity.syndicate@us.hsbc.com; Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, or by
telephone at (800) 831-9146; BMO Capital Markets, 3 Times Square,
New York, NY 10036, Attention:
Equity Syndicate Department, by telephone at (800) 414-3627 or by
email to bmoprospectus@bmo.com; and Truist Securities, 303
Peachtree Street, Atlanta, GA
30308, Attn: Prospectus Department, tel.: 800-685-4786, email:
TSIdocs@Truist.com.
A registration statement relating to the sale of these
securities has been filed with, and declared effective by, the
Securities and Exchange Commission. Copies of the registration
statement can be accessed through the Securities and Exchange
Commission's website at www.sec.gov. 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.
About Qualtrics
Qualtrics, a recognized leader in customer experience and the
creator of the Experience Management (XM) category, is changing the
way organizations manage and improve the four core experiences of
business––customer, employee, product, and brand. Over 13,000
organizations around the world are using Qualtrics to listen,
understand, and take action on experience data (X-data™)––the
beliefs, emotions, and intentions that tell you why things are
happening, and what to do about it. The Qualtrics XM Platform™ is a
system of action that helps businesses attract customers who stay
longer and buy more, engage employees who build a positive culture,
develop breakthrough products people love, and build a brand people
are passionate about.
Investor Relations:
Steven
Wu
Head of FP&A and Investor Relations
investors@qualtrics.com
Public Relations:
Gina
Sheibley
Chief Communications Officer
press@qualtrics.com
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SOURCE Qualtrics