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DLA Piper advises ON24 in its US$428 million IPO


DLA Piper advises ON24 in its US$428 million IPO
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NEW YORK, Feb. 3, 2021 /PRNewswire/ DLA Piper represented ON24 Inc. (NYSE: ONTF) in its initial public offering of 8,560,930 shares of common stock at a price to the public of $50 per share. 
ON24 is offering 6,315,789 shares of common stock, and certain selling stockholders are offering 2,245,141 shares of common stock. In addition, ON24 has granted the underwriters a 30-day option to purchase up to 1,284,139 additional shares of common stock at the initial public offering price, less underwriting discounts.
ON24 provides a leading cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event and multimedia content experiences. ON24 s portfolio of interactive, personalized and content-rich digital experience products creates and captures actionable, real-time dat ....

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