The number of shares to be offered and the price range involved remain undetermined. But for the purposes of the filing, Pandora estimated an IPO valuation of approximately $100 million.
In terms of the so-called 'bookrunning managers' on this IPO, the job goes to Morgan Stanley and JP Morgan Securities. Comanagers will be William Blair and Company and Stifel Nicolaus Weisel.
A copy of the preliminary prospectus, when available, can be obtained from the offices of Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at [email protected]. Or, alternatively, the same documents can 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.
