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OpenTable, Inc. Common Stock Offering
9/24/2009
Davis Polk & Wardwell LLP advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as representative of the several underwriters on an SEC-registered offering by OpenTable, Inc. of 6,974,036 shares of common stock for approximately $195 million. All shares were sold by selling stockholders. The underwriters also have an option to purchase an additional 1,046,105 shares from OpenTable pursuant to an over-allotment option. OpenTable’s common stock is traded on the Nasdaq Global Market under the symbol “OPEN.”

Based in San Francisco, California, OpenTable provides solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants.

The Davis Polk team included partner Alan F. Denenberg, associates Christopher Pan and Caroline J. Perry. Partner Steven S. Weiner and associate Vishnu Reddy provided intellectual property advice. Partner Rachel D. Kleinberg and associate M. Ryan LaRosa provided tax advice. Karla K. Rogers and Kimberley Kakade were the legal assistants for the transaction. All members of the Davis Polk team are based in the Menlo Park office.