Instructure Files Registration Statement for Proposed Initial Public Offering

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Oct 09, 2015, 12:27 ET

SALT LAKE CITY, Oct. 9, 2015 /PRNewswire/ -- Instructure, a provider of a cloud-based learning management platform for academic institutions and companies worldwide, 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. Instructure intends to list its common stock on the New York Stock Exchange under the ticker symbol "INST."

Morgan Stanley and Goldman, Sachs & Co. will act as lead joint book-running managers for the proposed offering with Jefferies LLC also acting as a book-running manager. Needham & Company, LLC, Oppenheimer & Co. Inc. and Raymond James & Associates, Inc. will act as co-managers for the proposed offering.

The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014, or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282.

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 be accepted prior to the time 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Contacts:
Lisa Laukkanen
The Blueshirt Group
(415) 217-4967
[email protected]

Heather Erickson
Instructure
(801) 658-7524
[email protected]

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SOURCE Instructure