Datadog, Inc. Announces Full Exercise and Closing of Underwriters’ Option to Purchase Additional Shares
Summary
NEW YORK--(BUSINESS WIRE)--Datadog, Inc. (Nasdaq:DDOG), the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced that the underwriters of its previously announced initial public offering (IPO) of 24,000,000 shares of its Class A common stock have exercised in full their option to purchase an additional 3,600,000 shares of Class A common stock at the IPO price of $27.00 per share. Copies of the final prospectus relating to this offering may be obtained from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department; Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, Telephone: 866-471-2526, Email: email prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: 866-803-9204, Email: prospectus-eq_fi@jpmorganchase.com; and Credit Suisse Securities (USA) LLC, Eleven Madison Avenue, 3rd floor, New York, NY 10010, Attn: Prospectus Department, Telephone: 1-800-221-1037, Email: usa.prospectus@credit-suisse.com. Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers’ entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations and business teams, accelerate time to market for applications, reduce time to problem resolution, understand user behavior and track key business metrics.