Certain small business communications platform Ooma, Inc. (NYSE: OOMA) stockholders affiliated with Worldview Technology Partners intend to offer shares of the company´s common stock for sale in an underwritten secondary offering, the company said.
The company will not receive any proceeds from the sale of the shares by the selling stockholders.
Worldview Technology Partners has engaged B. Riley & Co., LLC, to act as the sole underwriter for the Offering.
Founded in 2004, Ooma creates new communications experiences for small businesses and consumers. Its smart platform serves as a communications hub, which offers cloud-based telephony, internet security, home monitoring and other connected services. The company combines PureVoice HD call quality and innovative features with mobile applications for reliable anytime, anywhere calling.