PROVO, Utah, Nov. 4 -- Ancestry.com Inc. today announced the pricing of its initial public offering of 7,407,407 shares of common stock at a price of $13.50 per share. A total of 4,074,074 shares are being offered by Ancestry.com, and a total of 3,333,333 shares are being offered by selling stockholders.
Ancestry.com common stock will commence trading on November 5, 2009 on the NASDAQ Global Select Market under the symbol "ACOM."
The offering was led by Morgan Stanley and BofA Merrill Lynch. Jefferies and Company, Piper Jaffray, and BMO Capital Markets served as co-managers. In addition, for up to 30 days, Ancestry.com has granted the underwriters the right to purchase up to an additional 611,112 shares of common stock to cover over-allotments and the selling stockholders have granted the underwriters the right to purchase up to an additional 499,999 shares of common stock to cover over-allotments.
The registration statement for Ancestry.com relating to these securities was declared effective by the Securities and Exchange Commission on November 4, 2009. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, and there shall not 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.
Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus relating to these securities may be obtained, when available, from Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, New York, New York 10014, telephone 1-866-718-1649 or email email@example.com, or BofA Merrill Lynch, 4 World Financial Center, New York, New York 10080, Attention: Prospectus Department or email Prospectus.Requests@ml.com.
Ancestry.com is an online resource for family history and has digitized and put online over 4 billion records over the past twelve years. Ancestry users have created over twelve million family trees containing over 1.25 billion profiles. Ancestry.com has local Web sites directed at nine countries, including its flagship website at http://www.ancestry.com/.