December 15, 2011

Zynga Inc. Prices Initial Public Offering

 

SAN FRANCISCO--(BUSINESS WIRE)-- Zynga Inc. today announced the pricing of its initial public offering of 100,000,000 shares of Class A common stock at a price to the public of $10.00 per share. In addition, certain of Zynga's stockholders have granted the underwriters a 30-day option to purchase up to an additional 15,000,000 shares to cover over-allotments, if any. Zynga will not receive any proceeds from the sale of shares by the selling stockholders.

Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are the joint bookrunning managers and representatives of the underwriters for the offering. BofA Merrill Lynch, Barclays Capital Inc. and J.P. Morgan Securities LLC are also joint bookrunning managers, and Allen & Company LLC is a senior co-manager for the offering. Zynga's Class A common stock will trade on the NASDAQ Global Select Market under the symbol "ZNGA."

This offering will be made only by means of a prospectus. A copy of the prospectus may be obtained from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com, or from the offices of Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, or by e-mail at prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction.

About Zynga Inc.

Zynga is the world's largest social game developer with more than 227 million monthly active users playing its games, which include CityVille, FarmVille, Words With Friends, CastleVille, Zynga Poker, Empires & Allies, Indiana Jones™ Adventure World, The Pioneer Trail, Mafia Wars and Café World. Zynga's games are available on a number of global platforms, including Facebook, Google+, Tencent, Apple iOS and Google Android. Through Zynga.org, Zynga players have raised more than $10 million for world social causes. Zynga is headquartered in San Francisco.

 

Zynga Media Contact Information:
Dani Dudeck, 415-503-0303
press@zynga.com
or
Zynga Investor Contact Information:
Mike Gupta, 415-339-5266
investors@zynga.com

Source: Zynga Inc.

 

 

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