SAN FRANCISCO, May 4, 2011 (GLOBE NEWSWIRE) -- RPX Corporation (Nasdaq:RPXC) today announced the pricing of its initial public offering of 8,430,435 shares of its common stock at $19 per share. The underwriters have been granted a 30-day option to purchase up to an additional 1,264,565 shares of common stock, of which 634,565 are from RPX and 630,000 are from selling stockholders, to cover over-allotments, if any. The shares will begin trading today on the NASDAQ Global Select Market under the symbol "RPXC."
Goldman, Sachs & Co. and Barclays Capital have acted as joint book-running managers for the offering, and Allen & Company LLC, Baird and Cowen and Company have served as co-managers.
A registration statement relating to this offering of common stock has been declared effective by the Securities and Exchange Commission. Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained from:
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of any such state or jurisdiction.
About RPX Corporation
RPX Corporation is a provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence and advisory services. By acquiring patents, RPX helps to mitigate and manage patent risk for its growing client network.
CONTACT: Investor Relations: Julie Cunningham The Blueshirt Group +1 415 217 2632 Media Relations: Greg Spector RPX Corporation +1 415 717 4666
