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Ooma Announces Pricing of Initial Public Offering

Palo Alto, CA - Thursday, July 16th, 2015

(PRNewswire) ‑ Ooma, Inc. (NYSE: OOMA), a leading small business and home communications platform, today announced that it has priced its initial public offering of 5,000,000 shares of its common stock at a price to the public of $13.00 per share. All of the shares are being offered by Ooma. The shares are expected to begin trading on The New York Stock Exchange on July 17, 2015 under the ticker symbol “OOMA.” The closing of the offering is expected to occur on July 22, 2015, subject to customary closing conditions. In addition, Ooma has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock.

Credit Suisse Securities (USA) LLC, BofA Merrill Lynch and JMP Securities LLC are acting as joint book-running managers for the offering. William Blair & Company, L.L.C. and Wunderlich Securities, Inc. are acting as co-managers.

The offering has been made only by means of a prospectus. A final prospectus related to the offering, when available, may be obtained from: Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, New York, NY 10010 or by telephone at (800) 221-1037 or by email at newyork.prospectus@credit-suisse.com; or BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038 or by email at dg.prospectus_requests@baml.com; or JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, CA 94111, Attention: Prospectus Department or by telephone at (415) 835-8985.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission (“SEC”) and can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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.

CONTACT:

Investor Relations:
Cynthia Hiponia or Erin Rheaume
The Blueshirt Group for Ooma, Inc.
ir@ooma.com
(650) 300-1480

 

About Ooma, Inc.

Ooma (NYSE: OOMA) creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. For businesses of all sizes, Ooma provides advanced voice and collaboration features that are flexible and scalable. For consumers, Ooma provides PureVoice HD voice quality, advanced functionality and integration with their mobile devices. Ooma’s groundbreaking home security solution delivers a full range of wireless security sensors and a smart video camera that put consumers in charge of protecting their homes. Learn more at www.ooma.com.

MEDIA CONTACT:
Mike Langberg
email: mike.langberg@ooma.com
phone: 650-566-6693
INVESTOR CONTACT:
Matt Robison
email: matt.robison@ooma.com
phone: 415-661-0470

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