New Relic IPO: A New Chapter for the Company

New Relic's IPO marked a significant milestone for the company, allowing it to expand its reach and offerings.

New Relic's public listing occurred on December 20, 2014, under the ticker symbol NEWR.

The company's initial public offering (IPO) raised $115 million, a substantial amount that helped solidify its position in the market.

New Relic's growth and success have been driven by its innovative approach to application performance management and monitoring.

New Relic's IPO was priced at $23.00 per share, with 5,000,000 shares offered to the public.

The shares are expected to begin trading on the New York Stock Exchange on December 12, 2014, under the symbol "NEWR".

New Relic granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock from the company at the initial public offering price.

Registration statements relating to these securities were filed with the Securities and Exchange Commission and declared effective on December 11, 2014.

New Relic's initial public offering (IPO) priced at $23.00 per share.

The company offered 5,000,000 shares of its common stock, with an option to purchase up to 750,000 additional shares.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Allen & Company LLC, and UBS Securities LLC acted as joint book-running managers for the offering.

A registration statement relating to these securities was filed with the Securities and Exchange Commission and was declared effective on December 11, 2014.

The offering will be made only by means of a prospectus, which can be obtained from the underwriters listed in the IPO announcement.

New Relic's shares are expected to begin trading on the New York Stock Exchange on December 12, 2014, under the symbol "NEWR".

IPOs are a complex process, but let's break it down. An IPO, or Initial Public Offering, is a way for private companies to raise capital by issuing shares to the public for the first time.

In the US, the Securities and Exchange Commission (SEC) regulates IPOs. The SEC requires companies to disclose detailed financial information before going public.

The IPO process typically involves a lead underwriter, which is a bank or investment firm that helps facilitate the IPO. They work with the company to prepare the IPO documents and price the shares.

Companies often use the funds raised from an IPO to pay off debt or expand their business. This can be a game-changer for a company's growth and development.

The IPO process can be lengthy, often taking several months to a year or more to complete. This allows the company to prepare and disclose all necessary information to potential investors.