The selling shareholders have granted the underwriters an option to purchase up to an additional 308,618 shares of Class A common stock to cover over-allotments.
The offering is being conducted in accordance with the company's charter in connection with the termination of the transfer restrictions on the company's Class A-2 common stock. Morgan Stanley is acting as the book-running manager for the offering with Goldman, Sachs & Co. and UBS Securities LLC as senior co-managing underwriters. Citigroup, J.P. Morgan Securities and William Blair & Company are acting as co-managing underwriters.