Davis Polk advised the book-running managers and the representatives of the several underwriters in connection with the initial public offering by SendGrid, Inc. of 9,430,000 shares of its common stock, including the full exercise by the underwriters of their option to purchase 1,230,000 additional shares of common stock, for total gross proceeds of approximately $150.9 million. SendGrid’s common stock is listed on the New York Stock Exchange under the symbol “SEND.”
Based in Denver, Colorado, SendGrid is a digital communication platform enabling businesses to engage with their customers via email reliably, effectively and at scale.
The Davis Polk corporate team included partner Sarah K. Solum and associates Donald K. Lang and Dylan Service. Partner Rachel D. Kleinberg and associate Catherine L. Chu provided tax advice. Counsel Michelle Ontiveros Gross and associate Jason J. Bang provided intellectual property and technology advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California and New York offices.