Fastly, Inc.

Fastly, Inc. (FSLY) priced its initial public offering on May 17, 2019 at $16.00 per share, within its $14.00–$16.00 range, raising $180M, and listed on NYSE. At the IPO price its market capitalization was about $1.45B. Citigroup was lead-left underwriter, joined by Credit Suisse, William Blair and Raymond James and others. Cooley advised the company and Davis Polk advised the underwriters.

Fastly, Inc. provides an edge cloud platform that lets developers build, secure and deliver digital experiences at the edge of the internet. It combines content delivery network services with functions traditionally supplied by hardware appliances, such as application delivery controllers.

Status

IPO

Ticker

FSLY

Exchange

NYSE

Priced

May 17, 2019

IPO price

$16.00

Price range

$14.00–$16.00

Raised

$180M

Market cap at IPO price

$1.45B

First filed

Apr 19, 2019

Underwriters

Citigroup, Credit Suisse, William Blair, Raymond James, Baird, Oppenheimer, Stifel, Craig-Hallum and D.A. Davidson

Company counsel

Cooley

Underwriters' counsel

Davis Polk

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.