DLA Piper represented the underwriters within the US$119 million registered public providing of three,500,000 shares of widespread inventory of Upland Software, Inc. (Nasdaq: UPLD), an Austin-based chief in cloud-based instruments for digital transformation, at a value of $34.00 per share.
Upland granted the underwriters a 30-day choice to buy an extra 525,000 shares of widespread inventory. The underwriting syndicate was led by Credit Suisse as lead book-running supervisor for the providing. Jefferies, Canaccord Genuity and Needham & Company are performing as book-running managers. Craig-Hallum Capital Group, Raymond James, Roth Capital Partners and William Blair are performing as co-managers for the providing.
“We were pleased to deliver our extensive technology and capital markets experience to this transaction,” mentioned John J. Gilluly III, world co-chair of DLA Piper’s Corporate apply, who led the agency’s deal staff.
DLA Piper’s world capital markets staff represents issuers and underwriters in registered and unregistered fairness, equity-linked and debt capital markets transactions, together with preliminary public choices, follow-on fairness choices, equity-linked securities choices, and choices of investments grade and high-yield debt securities.
DLA Piper’s world Technology sector legal professionals work throughout apply areas and workplaces to help expertise purchasers – from startups to fast-growing and mid-market companies to mature world enterprises – doing enterprise world wide.