OnDeck Files S-1 Registration Statement For Initial Public Offering

NEW YORK, Nov. 10, 2014 /PRNewswire/ -- OnDeck, a leading online platform for small business lending, today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock.  OnDeck has applied to list its common stock on the New York Stock Exchange under the symbol "ONDK."  The number of shares to be sold and the price range and timing for the proposed offering have not yet been determined.

Morgan Stanley & Co. LLC and BofA Merrill Lynch will act as joint lead book-running managers and as representatives of the underwriters for the proposed offering.  J.P. Morgan Securities LLC, Deutsche Bank Securities Inc. and Jefferies LLC are acting as book-running managers for the proposed offering.  Raymond James & Associates, Inc., Stifel, Nicolaus & Company, Incorporated and Needham & Company, LLC are acting as co-managers for the proposed offering.

The offering will be made only by means of a prospectus.  Copies of the preliminary prospectus related to the offering may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department, email: [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.

Media and Investor Relations contact:
Jonathan Cutler
JCUTLER media group
[email protected]

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SOURCE OnDeck

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