Gogo Inc. Prices Initial Public Offering At $17 Per Share

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Jun 20, 2013, 06:50 ET

ITASCA, Ill., June 20, 2013 /PRNewswire/ -- Gogo Inc. announced today that it has priced its initial public offering of 11 million shares of common stock at $17 per share. The shares are expected to begin trading tomorrow, June 21st on the NASDAQ Global Select Market under the ticker symbol "GOGO". The underwriters may purchase up to 1.65 million additional shares at the initial offering price less the underwriting discounts and commissions to cover over-allotments, if any. Closing of the offering is expected to occur on June 26, 2013, subject to customary closing conditions.

(Logo: http://photos.prnewswire.com/prnh/20110715/CG34837LOGO)

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and UBS Securities LLC are acting as joint book-running managers of this offering with Allen & Company LLC, Evercore Group L.L.C and William Blair & Company, L.L.C. acting as co-managers.

A registration statement relating to these securities has been filed with and declared effective on June 20, 2013 by the Securities and Exchange Commission. The offering of these securities is being made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus related to the offering will be filed with the Securities and Exchange Commission, which may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by email at [email protected], or by calling 866-718-1649; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling 866-803-9204; UBS Securities LLC, Attention: Prospectus Department, 299 Park Avenue, New York, NY, 10171, or by calling 888-827-7275.

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 state or jurisdiction.

About Gogo

Gogo is a global leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions. Using Gogo's exclusive products and services, passengers with Wi-Fi enabled devices can get online on more than 1,900 Gogo equipped commercial aircraft. In-flight connectivity partners include American Airlines, Air Canada, AirTran Airways, Alaska Airlines, Delta Air Lines, Frontier Airlines, United Airlines, US Airways and Virgin America. In-flight entertainment partners include American Airlines, Delta Air Lines, Scoot and US Airways. Back on the ground, Gogo's 600+ employees in Itasca, IL, Broomfield, CO and London are working to continually redefine flying as a productive, socially connected, and all-around more satisfying experience.

Investor Relations Contact:
Varvara Alva
630-647-7460
[email protected]

Media Relations Contact:
Steve Nolan
630-647-1074
[email protected]

SOURCE Gogo Inc.