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Qliktech Announces Proposed Secondary Public Offering

Tuesday, November 30, 2010

Qlik Technologies Inc. (NASDAQ:QLIK), a leading business intelligence software company, announced today that it has filed a preliminary prospectus in connection with the commencement of the previously announced secondary public offering of its common stock. In this offering, which is subject to market and other conditions, certain of QlikTech’s stockholders intend to offer 10,000,000 shares of common stock for sale and grant the underwriters the right to purchase up to 1,500,000 additional shares, solely to cover over-allotments, if any. QlikTech is not selling any shares of common stock in the offering and will receive no proceeds from the sale.

Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. Jefferies & Company, Inc. and Stifel Nicolaus Weisel are acting as co-managers for the offering.

Article sourced from www.qlikview.com, click here to read full story.

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