Shutterstock Founder & CEO Jon Oringer (he started the company with his own digital photos in 2003) announced on the photo agency blog yesterday : ‘I am pleased to share that today we filed an S-1 with the Securities and Exchange Commission, a formal document that describes our business and our plans to pursue an initial public offering, or IPO.’
The number of shares to be offered and the price range for the offering have not yet been determined.
The bookrunning managers of the proposed transaction will be Morgan Stanley, Deutsche Bank Securities and Jefferies. RBC Capital Markets, Stifel Nicolaus Weisel and William Blair will be acting as co-managers.
When available, a copy of the prospectus for the above offering can be obtained from Morgan Stanley & Co. LLC, Prospectus Department, at 180 Varick Street, 2nd Floor, New York, NY 10014, and by phone at (866) 718-1649 or by emailing [email protected].
Shutterstock are attending the CEPIC Congress London