Marketo Files Registration Statement for Proposed Follow-on Offering

SAN MATEO, Calif., Aug. 30, 2013 /PRNewswire/ -- Marketo (NASDAQ: MKTO), the provider of a leading cloud-based marketing software platform, today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 6,000,000 shares of its common stock.

The offering is expected to consist of approximately 5,300,000 shares from certain existing stockholders. In addition, Marketo expects to offer approximately 700,000 shares as well as any shares to be sold to the underwriters pursuant to their option to purchase additional shares.

The net proceeds of the Marketo portion of the offering will be used to fund general corporate purposes, including working capital. Marketo will not receive any proceeds from the sale of the shares by the selling stockholders.

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are acting as lead book-running managers for the offering. Wells Fargo Securities, LLC, Canaccord Genuity Inc., Raymond James & Associates, Inc. and JMP Securities LLC are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained, when available, from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, or by emailing [email protected]; or from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY, 10010, by phone at (800) 221-1037, or by emailing [email protected].

A registration statement relating to these securities has been filed with the Securities and Exchange Commission 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

SOURCE Marketo