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8/23/2019
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Ping Identity Files Registration Statement for Proposed IPO

DENVERAugust 23, 2019Ping Identity Holding Corp. (“Ping Identity”) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. Ping Identity intends to list its common stock on The Nasdaq Global Market under the ticker symbol "PING." 

Goldman Sachs & Co. LLC, BofA Merrill Lynch, RBC Capital Markets and Citigroup will act as lead book-running managers for the proposed offering, and Barclays, Credit Suisse, Deutsche Bank Securities, and Wells Fargo Securities will act as book-running managers for the proposed offering. Raymond James, Stifel, William Blair, Mizuho Securities and Oppenheimer & Co. will act as co-managers for the proposed offering. 

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by e-mail at [email protected]; or BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC  28255-0001, Attention: Prospectus Department, or by e-mail at [email protected]; or RBC Capital Markets, LLC, 200 Vesey Street, 8th Floor, New York, NY 10281, Attention: Equity Syndicate Department, by telephone at 1-877-822-4089, or by e-mail at [email protected]; or Citigroup Global Markets Inc. c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (800) 831-9146. 

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ping Identity

Ping Identity helps enterprises achieve Zero Trust identity-defined security and more personalized, streamlined user experiences. The Ping Intelligent IdentityTM platform provides customers, employees, partners and, increasingly, IoT, with access to cloud, mobile, SaaS and on-premises applications and APIs, while also managing identity and profile data at scale. We provide flexible options to extend hybrid IT environments and accelerate digital business initiatives with multi-factor authentication, single sign-on, access management, intelligent API security, directory and data governance capabilities. 

 

###

 

Contacts:

 

Ping Identity

[email protected]

 

Hugo Doetsch

Tel: 303-396-6213

[email protected]

 

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