RingCentral Book-Running Managers to Waive Lock-Up Restriction

Business Wire

SAN MATEO, Calif.--(BUSINESS WIRE)--

RingCentral, Inc. (RNG), a leading provider of cloud business communications solutions, today announced that Goldman, Sachs & Co. and J.P. Morgan Securities LLC, book-running managers in the Company’s recent public sale of 8,625,000 shares of Class A common stock, are waiving a lock-up restriction with respect to shares of the Company’s common stock held by certain stockholders, officers or directors of the Company. The waiver will take effect on March 5, 2014, and the shares may be sold on or after such date.

This press release is not an offer for sale of the securities in the United States or in any other jurisdiction where such offer is prohibited, and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended.

About RingCentral

RingCentral (RNG) is a leading provider of cloud business communications solutions. Easier to manage and more flexible than on-premise communications systems, RingCentral’s cloud solution meets the needs of modern distributed and mobile workforces, while eliminating the expense of on-premise hardware and software. RingCentral is headquartered in San Mateo, California.

Contact:
Investor Relations Contact:
RingCentral
Bob Lawson, 650-581-9443
or
ICR for RingCentral
Greg Kleiner, 650-581-9443
ir@ringcentral.com
or
Media Contact:
for RingCentral
Shahed Ahmed, 703-390-1500
ahmed@merrittgrp.com

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