Illegal Activity
none
Blackmail
none
Date
2015-06-11
Document Type
prospectus
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a section of a prospectus detailing the intended use of proceeds from an initial public offering of Class A common stock. The company plans to use the net proceeds for working capital, general corporate purposes, and potential acquisitions.
Metadata
- Subject
- Use of Proceeds
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0074817, SDNY_GM_00221001
- Date
- 2015-06-11
Notable Quotes 2
We estimate that the net proceeds to us from the sale of shares of our Class A common stock in this offering will be approximately $284.6 million, based on an assumed initial public offering price of $12.00 per share, which is the midpoint of the estimated offering price range set forth on the cover page of this prospectus, and after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us.
We currently intend to use the net proceeds received by us from this offering primarily for working capital and general corporate purposes. We may also use a portion of the net proceeds from this offering for acquisitions of complementary businesses, technologies, or other assets.
Financial Information
Amounts:$284.6 million$12.00$46.0 million$1.00$24.3 million
Assets:
- Class A common stock
- short-term, investment-grade, interest-bearing securities
- money market accounts
- certificates of deposit
- commercial paper
- guaranteed obligations of the U.S. government
- complementary businesses
- technologies
- other assets
Transactions:
- sale of shares of our Class A common stock
- initial public offering
- underwriting discounts and commissions
- offering expenses
Public Knowledge
- Context
- Information about a company's IPO and use of proceeds is generally of interest to investors and the financial media.
- Media Worthy
- Yes
Raw Analysis JSON
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Themes
Financial transactions/money flowBusiness dealings
Organizations 10
BIA/KelseyCongressional Research ServiceFDICFederal Reserve Bank of New YorkOliver WymanThe Kauffman IndexThe Nilson ReportUnited States Census BureauUnited States Small Business AdministrationOffice of Advocacy
Locations 1
U.S.
Text Analysis
- Tone
- Professional
- Purpose
- To describe the use of proceeds from the sale of Class A common stock in an initial public offering.
- Significance
- This document outlines how the company intends to use the capital raised from its IPO, including investments in securities, working capital, and potential acquisitions.
File Info
- File Name
- EFTA01377666.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:32.424707
- DOJ Source
- View on DOJ