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GoDaddy Inc. Announces Pricing of Proposed Sale of Shares of Common Stock

09/06/2017

SCOTTSDALE, Ariz., Sept. 6, 2017 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the world's largest cloud platform dedicated to small, independent ventures, announced today the pricing of an underwritten public offering of 20,050,000 shares of its Class A common stock at a price to the public of $44.00 per share pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission.

GoDaddy (PRNewsFoto/GoDaddy) (PRNewsfoto/GoDaddy, Inc.)

Selling stockholders are offering 20,000,000 shares of Class A common stock. Selling stockholders participating in the offering consist of entities affiliated with Kohlberg Kravis Roberts & Co. L.P., Silver Lake Partners, Technology Crossover Ventures, and YAM Special Holdings, Inc., an entity owned by GoDaddy founder, Bob Parsons. GoDaddy will not receive any proceeds from the sale of the shares by the selling stockholders. GoDaddy is also offering 50,000 shares of its Class A common stock and intends to use the proceeds of the offering to pay the transaction expenses incurred in connection with the offering and any remaining proceeds for general corporate purposes. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as bookrunners for this offering.

GoDaddy filed a Registration Statement on Form S-3, which was effective upon filing on April 5, 2016, including a base prospectus dated April 5, 2016, and has filed a preliminary prospectus supplement dated September 5, 2017, to which this communication relates. Before you invest, you should read the prospectus in the registration statement, the related preliminary prospectus supplement and the other documents GoDaddy has filed or will file with the SEC for more complete information about GoDaddy and this offering. The proposed offering is being made only by means of an effective shelf registration statement, including a base prospectus, preliminary prospectus supplement and final prospectus supplement, copies of which may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by telephone at (866) 718-1649 or by email at prospectus@morganstanley.com or Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone:(212) 902-1171, facsimile: 212-902-9316, e-mail: prospectus-ny@ny.email.gs.com.

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 GoDaddy

GoDaddy powers the world's largest cloud platform dedicated to small, independent ventures. With nearly 17 million customers worldwide and more than 72 million domain names under management, GoDaddy is the place people come to name their idea, build a professional website, attract customers and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success.

Source: GoDaddy Inc.

 

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SOURCE GoDaddy Inc.

Investor Contact: Marta Nichols, Vice President, Investor Relations, 669.600.5812investors@godaddy.com; Press Contact: Karen Tillman, Chief Communications Officer, 480.366.3183, pr@godaddy.com

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