LOS ANGELES, Nov. 02, 2016 -- BlackLine, Inc. (Nasdaq:BL), a leading provider of financial controls and automation solutions that enable Continuous Accounting, today announced the closing of its initial public offering of 9,890,000 shares of its common stock at a price to the public of $17.00 per share, which includes the exercise in full of the underwriters’ option to purchase an additional 1,290,000 shares. Net proceeds from the offering are expected to be $151.7 million, after deducting underwriting discounts and commissions and estimated offering expenses. The shares began trading on the NASDAQ Global Select Market under the ticker symbol “BL” on October 28, 2016.
Goldman, Sachs & Co. and J.P. Morgan acted as joint book-running managers and Pacific Crest Securities, a division of KeyBanc Capital Markets, Raymond James, William Blair and Baird acted as co-managers for the offering.
A registration statement relating to these securities was filed with the SEC and was declared effective on October 27, 2016. The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from Goldman Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile at (212) 902-9316 or by email at [email protected]; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by email at [email protected].
Investor Relations Contact: The Blueshirt Group Christine Greany 858.523.1732 [email protected] Media Relations Contact: The Blueshirt Group Jeff Fox 415.828.8298 [email protected]


FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio
Robinhood Expands Sports Event Contracts With Player Performance Wagers
Shell M&A Chief Exits After BP Takeover Proposal Rejected
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 



