Published On: Tue, Mar 17th, 2015

Israel’s Mobileye Announces Upsizing, Pricing, of Secondary Public Offering

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead book-running managers for the offering.

Mobileye

Israel’s Mobileye N.V., a global designer and developer of camera-based Advanced Driver Assistance Systems, has set the price for its second public offering.

The company has priced the offering of 17, 127, 000 ordinary shares by selling shareholders in a registered public offering at $41.75 per share. The offering was upsized from the previously announced public offering of 14, 500, 000 ordinary shares. The selling shareholders have also granted the underwriters an option to purchase up to 2, 569, 050 additional ordinary shares. Subject to customary conditions, the offering is expected to close on or about March 20, 2015. The Company will not receive any proceeds from the offering.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead book-running managers for the offering. Deutsche Bank Securities Inc. is a joint book-running manager and Barclays Capital Inc. and Citigroup are also acting as book-running managers. Raymond James & Associates, Inc., William Blair & Company, L.L.C. and Wells Fargo Securities, LLC are acting as co-managers.

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