Cooley Advises Underwriters on Castlight Health's $204 Million IPO

Palo Alto, Calif. – March 18, 2014 – Cooley LLP announced today that it advised the underwriters on Castlight Health, Inc.'s $204.1 million initial public offering. Castlight Health enables employers, their employeesand health plans to take control of health care costs and improve care. The company's stock now trades on the New York Stock Exchange under the symbol "CSLT."

Underwriters of the offering included Goldman, Sachs & Co., Morgan Stanley & Co. LLC, Allen & Company LLC, Stifel, Nicolaus & Company, Incorporated, Canaccord Genuity Inc. and Raymond James & Associates, Inc.

The Cooley team advising the underwriters included partners Eric Jensen, Drew Williamson and Charlie Kim, as well as associates Jonie Kondracki, Veer Bhavnagri, Robert E. Jones, Adam Miller-Howard and Alexis Weiss. Critical support for the offering was provided by partner Drew Gantt and associate David Sclar (health care regulatory); partner Renee Deming and associate Sarah Dale (compensation and benefits); partner Susan Cooper Philpot (tax) and special counsel Chuck Schwab and associate Bryan Berman (technology transactions).

In 2013, Cooley's capital markets practice had a record year, advising on 60 public offerings, including 23 IPOs that raised more than $8.4 billion. Year-to-date in 2014, Cooley has advised on 34 completed public offerings, including 16 completed IPOs.

About Cooley LLP

Cooley's attorneys solve legal issues for entrepreneurs, investors, financial institutions and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and bet-the-company litigation, often where innovation meets the law.

Cooley has more than 750 lawyers across 11 offices in the United States and China.

Related Contacts
Susan Cooper Philpot Retired Partner, San Francisco
Charlie Kim Partner, San Diego
Renee Deming Retired Partner, Palo Alto
Drew Williamson Partner, San Francisco
Bryan Berman Associate, Colorado
Jonie Kondracki Partner, San Francisco