Cooley advised the underwriters on Livongo Health's $408.5 million initial public offering of 14,590,050 shares of common stock, including full exercise of the underwriters' option to purchase additional shares. Livongo Health, whose securities now trade on The Nasdaq Global Select Market under the symbol "LVGO", offers a whole person platform that empowers people with chronic conditions to live better and healthier lives, beginning with diabetes and now including hypertension, weight management, diabetes prevention, and behavioral health.
Morgan Stanley, Goldman Sachs, and J.P. Morgan acted as lead joint book-running managers for the offering. Piper Jaffray and SVB Leerink acted as lead co-managers, and Canaccord Genuity, KeyBanc Capital Markets and Needham & Company acted as co-managers for the offering.