Newton, Mass. and Petach Tikva, Israel, May 29, 2015 – CyberArk Software Ltd. (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission for a proposed public offering of its ordinary shares. A majority of the shares are expected to be sold by shareholders of the company and approximately $50 million of the shares are expected to be sold by CyberArk. The underwriters will have a 30-day option from the date of the offering to purchase additional ordinary shares from the selling shareholders. CyberArk will not receive any proceeds from the sale of the shares by selling shareholders. The number of shares to be sold and the allocation of the shares between CyberArk and existing shareholders have not yet been determined.
Goldman, Sachs & Co., Deutsche Bank Securities Inc. and Barclays Capital Inc. will act as joint book-running managers and as representatives of the underwriters in the proposed offering. BofA Merrill Lynch and UBS Securities LLC will also act as book-running managers for the proposed offering. William Blair & Company, L.L.C., Nomura Securities International, Inc. and Oppenheimer & Co. Inc. will act as co-managers for the proposed offering.
The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus relating to the offering may be obtained from either: Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: [email protected]; or standard mail at Goldman, Sachs & Co., Attn.: Prospectus Department, 200 West Street, New York, NY, 10282; or Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone at (800) 503-4611, or by emailing: [email protected]; or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1 (888) 603-5847, or by emailing: [email protected]; or BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department, or by email at [email protected]; or UBS Securities LLC, Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171, or by telephone at: (888) 827-7275.
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 these securities 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.
