In a possible sign of things to come for many HR tech vendors, iCIMS, the talent cloud company, has announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock.
The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. iCIMS intends to list its common stock on the Nasdaq Stock Market under the ticker symbol “TLNT”.
Morgan Stanley, J.P. Morgan and Citigroup are acting as lead book-running managers for the proposed offering, with Barclays Capital Inc. and Credit Suisse acting as joint book running managers. Baird, Needham & Company, Oppenheimer & Co. Inc. and Stifel are acting as co-managers for the proposed offering.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY10014, Attention: Prospectus Department; 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@example.com; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (800) 831-9146, or by email at firstname.lastname@example.org.
A registration statement relating to the proposed offering has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.