GoDaddy Updates IPO Plans But Offers Few New Details

Law360, New York (February 11, 2015, 5:07 PM EST) -- Private equity-backed GoDaddy Inc., a web hosting platform geared toward small businesses, updated its U.S. Securities and Exchange Commission registration statement on Wednesday, clarifying some of its tax receivable agreements but not posting any valuation or how many shares it plans to sell.

GoDaddy initially filed for an IPO in June 2014, saying it wanted to raise $100 million in the first half of 2015 to pay down debt and cover corporate expenses. GoDaddy will be a member of a partnership it calls Desert Newco, which is controlled by venture capital and private equity investors. The latest amendment to the registration statement...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!