SALT LAKE CITY, Aug. 1, 2013 (GLOBE NEWSWIRE) -- Control4, a leading provider of automation and control solutions for the connected home, today announced the pricing of its initial public offering of 4,000,000 shares of its common stock at a price to the public of $16.00 per share, before underwriting discounts. In addition, Control4 has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock from Control4. The shares are expected to begin trading on The NASDAQ Global Select Market on August 2, 2013, under the symbol "CTRL."
BofA Merrill Lynch and Raymond James are acting as joint book-running managers for the offering. Canaccord Genuity, Cowen and Company and Needham & Company are acting as co-managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective on August 1, 2013 by, the Securities and Exchange Commission. The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com, or from Raymond James, Attention: Prospectus Department, 880 Carillon Parkway, St. Petersburg, FL 33716, or by email at prospectus@raymondjames.com.
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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.