Press Releases
ThinkEquity LLC acts as a Co-Manager on Ubiquiti Networks, Inc.'s Initial Public Offering of Stock
SAN FRANCISCO, December 2011 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the completion of the initial public offering of stock for Ubiquiti Networks, Inc. on October 13, 2011.
The Company and selling stockholders sold 8,093,964 shares of common stock, including the over-allotment, at a price of $15.00 per share raising gross proceeds of approximately $121.4 million. ThinkEquity LLC acted as Co-Manager in this transaction. Ubiquiti Networks Inc.'s common stock now trades on the New York Stock Exchange under the symbol "UBNT".
Ubiquiti Networks, Inc. (www.ubnt.com) is a leading provider of wireless networking solutions with compelling price-performance characteristics to both start-up and established network operators and service providers.
The securities described above were offered by Ubiquiti Networks, Inc. pursuant to a prospectus filed with and declared effective by the Securities and Exchange Commission. The final prospectus is available at the SEC's website at www.sec.gov, or by contacting ThinkEquity LLC at 600 Montgomery Street, 3rd Floor, San Francisco, CA 94111, Attn: Prospectus Department (415) 249-2935.
ThinkEquity Contact:
Janet Faleski
Managing Director
T: (212) 468-7083
E: jfaleski@thinkequity.com
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com