BlackLine Files Registration Statement For Proposed Initial Public Offering

LOS ANGELES, Sept. 30, 2016 /PRNewswire/ -- BlackLine, Inc., a leading provider of financial controls and automation solutions that enable Continuous Accounting, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. BlackLine intends to list its common stock on The NASDAQ Global Select Market under the ticker symbol "BL."

Goldman, Sachs & Co. and J.P. Morgan will act as joint book-running managers for the proposed offering. Pacific Crest Securities, a division of KeyBanc Capital Markets, Raymond James, William Blair and Baird will act as co-managers.

The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to these securities may be obtained from Goldman, Sachs & Co., 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 [email protected]; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by email at [email protected].

A registration statement relating to these securities has been filed with the SEC 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 that 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.

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SOURCE BlackLine

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