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DISCO Announces Closing of Initial Public Offering

July 23, 2021 at 16:23 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

CS Disco, Inc. (“DISCO”) today announced the closing of its initial public offering of 7,700,000 shares of its common stock at a price to the public of $32.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 500,000 shares of common stock from DISCO and up to an additional 200,000 shares of common stock from the selling stockholder named in the prospectus. DISCO did not receive any proceeds from the sale of shares by the selling stockholder. The shares are listed for trading on the New York Stock Exchange under the symbol “LAW”.

J.P. Morgan Securities LLC and BofA Securities Inc. acted as lead book-running managers and representatives of the underwriters for the offering. Citigroup Global Markets, Inc. and Jefferies LLC also acted as book-running managers for the offering, and Canaccord Genuity LLC, Cowen and Company, LLC, Needham & Company LLC, Stifel, Nicolaus & Company, Incorporated and Loop Capital Markets LLC acted as co-managers for the offering.

A registration statement relating to the offering has been filed with the Securities and Exchange Commission and was declared effective on July 20, 2021. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. Copies of the final prospectus may be obtained from: J.P. Morgan Securities LLC, c/o: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by email at prospectus-eq_fi@jpmorganchase.com and BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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 registration or qualification under the securities laws of any such state or jurisdiction.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210723005485/en/

Contacts

Press Contacts

Laura Wooster

DISCO Corporate Communications

wooster@csdisco.com

703-597-8748

Cristina Calderon

FleishmanHillard

cristina.calderon@fleishman.com

832-978-6800

Investor Contact

IR@csdisco.com