Nutanix Once More Filing for IPO
Of shares of class A common stock
By Jean Jacques Maleval | April 11, 2016 at 2:49 pmIn a SEC filing, Nutanix, Inc. announced an initial public offering of shares of class A common stock.
Nutanix is offering all of the shares to be sold in the offering.
The company has two classes of authorized common stock, class A common stock and Class B common stock. The rights of the holders of Class A common stock and class B common stock are identical, except with respect to voting and conversion. Each share of class A common stock is entitled to one vote per share. Each share of class B common stock is entitled to 10 votes per share and is convertible at any time into one share of class A common stock.
Prior to this offering, there has been no public market for class A common stock.
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