Dropvox stock registration#

Payment in New York, New York, on or about March 27, 2018. The underwriters expect to deliver the shares against at the initial public offering price less the underwriting discount. To the extent that the underwriters sell more than 36,000,000 shares of Class A common stock, the underwriters have the option to purchase up to an additionalĥ,400,000 shares from Dropbox, Inc. See the section titled Underwriting (Conflicts of Interest) for a description of the compensation payable to the underwriters. Proceeds, before expenses, to selling stockholders Proceeds, before expenses, to Dropbox, Inc. Any representation to the contrary is a criminal offense. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy See Risk Factors beginning on page 16 to read about factors you should consider before buying shares of our Class A common This transaction is contingent upon, and is scheduled to close immediately subsequent to, the closing of this offering. Us pursuant to which it has agreed to purchase 4,761,905 shares of Class A common stock in a private placement. Salesforce Ventures LLC has entered into an agreement with To emerging growth companies regarding selected financial data and executive compensation arrangements.

Dropvox stock registration#

As such, in this registration statement we have taken advantage of certain reduced disclosure obligations that apply

We will be treated as an emerging growthĬompany, as defined in the Jumpstart Our Business Startups Act of 2012, for certain purposes until we complete this offering. To list the Class A common stock on the Nasdaq Global Select Market under the symbol ∽BX. The initial public offering price per share is $21.00. Prior to this offering, there has been no public market for the Class A common stock. Following this offering, outstanding shares of Class B common stock will represent approximately 98.1% of the voting power of our outstanding capital stock. Stock, on a share-for-share basis, following the conversion of all outstanding shares of Class B common stock into shares of Class A common stock and upon the date or time specified by the holders of a majority of the outstanding shares of Class AĬommon stock voting as a separate class. Shares of Class C common stock have no voting rights, except as otherwise required by law, and will convert into Class A common Stock is entitled to ten votes per share and is convertible at any time into one share of Class A common stock.

Each share of Class A common stock is entitled to one vote per share. The rights of the holders ofĬlass A common stock, Class B common stock, and Class C common stock are identical, except with respect to voting and conversion.

We have three classes of authorized common stock, Class A common stock, Class B common stock, and Class C common stock. We will not receive any of the proceeds from the sale of the shares being sold by the selling stockholders.

Sell an additional 9,177,591 shares of Class A common stock. The selling stockholders identified in this prospectus are offering to is offering to sell 26,822,409 shares of Class A common stock in this offering. This is an initial public offering of shares of Class A common stock of Dropbox, Inc.ĭropbox, Inc.