Instructure announces the launch of its initial public offering


SALT LAKE CITY, July 13, 2021 / PRNewswire / – Instructure Holdings, Inc. today announced the launch of the roadshow of its initial public offering of 12,500,000 common shares. Instructure also intends to grant the Underwriters a 30 day option to purchase up to 1,875,000 additional common shares of Instructure. The price of the initial public offering is currently expected to be between $ 19.00 and $ 21.00 per share. Instructure has been authorized to list its common shares on the New York Stock Exchange (NYSE) under the ticker symbol “INST”.

Morgan Stanley & Co. LLC, JP Morgan Securities LLC, Citigroup Global Markets Inc., Jefferies LLC and Macquarie Capital (United States) Inc. are acting as book managers for the proposed offer. Robert W. Baird & Co. Incorporated, BTIG LLC, Raymond James & Associates, Inc., Truist Securities, Inc., Guillaume Blair & Company, LLC, Academy Securities, Inc., CL King & Associates, Inc., Drexel hamilton, LLC and Samuel A. Ramirez & Company, Inc. are acting as co-managers of the proposed offering.

The offer of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering can be obtained from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York State 10282, for the attention of: Service Prospectus.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor offers to purchase may be accepted, before the entry into force of the registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy such securities, and there will be no sale of such securities in any state or jurisdiction where such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or offer to buy, or sale of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About the infrastructure

Instructure is an educational technology company dedicated to improving student success, amplifying the power of teaching, and inspiring everyone to learn together. Today, the Instructure learning platform supports more than 30 million educators and learners around the world.

For more information:
Media Relations:
Cory edwards
Vice-President, Corporate Communications
Instruct
(801) 869-5258
[email protected]

Investor Relations:
Greg McDowell
General manager
ICR, Inc.
(650) 477-0255
[email protected]

April Scee
General manager
ICR, Inc.
(917) 497-8992
[email protected]

SOURCE structure

Related links

http://www.instructure.com

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