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OpenTable, Inc. Initial Public Offering
5/22/2009
Davis Polk & Wardwell advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as representative of the several underwriters on the $60 million initial public offering of 3,000,000 shares of OpenTable, Inc. Of those shares, OpenTable sold 1,572,684 shares and selling stockholders sold 1,427,316 shares. The underwriters also have an option to purchase an additional 450,000 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 and summer associate Alonzo B. Emery. 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 Kimberly Kakade were the legal assistants for the transaction. All members of the Davis Polk team are based in the Menlo Park office.