SOURCE: Eloqua


August 07, 2012 16:05 ET

Eloqua Announces Closing of Its Initial Public Offering and Exercise of Over-Allotment Option

VIENNA, VA--(Marketwire - Aug 7, 2012) - Eloqua, Inc. (NASDAQ: ELOQ), a leading provider of on-demand Revenue Performance Management solutions, today announced that it has closed its previously announced initial public offering of 8,000,000 shares of common stock at a price to the public of $11.50 per share. In connection with the initial public offering, the underwriters exercised in full their option to purchase an additional 1,200,000 shares of common stock from the company. As a result, the total initial public offering size was 9,200,000 shares.

J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. JMP Securities LLC, Needham & Company, LLC and Pacific Crest Securities LLC are acting as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on August 1, 2012. This offering is being made only by means of a prospectus, copies of which may be obtained from J. P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204; or from Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, phone number (800) 503-4611. 

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or 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 such state or jurisdiction.

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