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Hortonworks Announces Pricing of Initial Public Offering

Santa Clara, Calif. – December 11, 2014 – Hortonworks, Inc. today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a price to the public of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on December 12, 2014 under the symbol “HDP.” All of the shares are being offered by Hortonworks. In addition, Hortonworks has granted the underwriters a 30-day option to purchase up to 937,500 additional shares of common stock from Hortonworks.

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are acting as joint lead book-running managers for the offering, RBC Capital Markets, LLC is acting as book-running manager, and Pacific Crest Securities LLC, Wells Fargo Securities, LLC and Blackstone Capital Markets are acting as co-managers.

The offering is being made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com; or from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. 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.

 

Investor Relations Contact:

Brian Marshall

bmarshall@hortonworks.com

415-203-5700

 

Media Contact:
Mike Haro

mharo@hortonworks.com

408-438-8628

For more information :

Michelle Lazzar
408-828-9681