Chegg NYSE common stock offering

Overview:

• Education company Chegg had a common stock offering on the NYSE market under the ticker CHGG.
• The company offered 11,274,600 shares at $102 per share, grossing about $1.15 billion
• Morgan Stanley, Goldman Sachs and Allen & Company were the joint book-running managers. KeyBanc Capital Markets, Needham & Company, Raymond James, William Blair, Barrington Research, Berenberg, Craig-Hallum and Northland Capital Markets were the co-managers.

Chynna Lewis – Researcher