Quantenna Announces IPO

FREMONT, Calif. -- Quantenna Communications, Inc. ("Quantenna"), a provider of high-performance Wi-Fi solutions, today announced that it expects to launch the initial public offering (IPO) of its common stock on October 17, 2016. The offering is for 6.7 million shares at an initial price range of $14.00 to $16.00 per share. The Company also expects to grant the underwriters an option to purchase up to 1,005,000 additional shares. Quantenna has applied to list its common stock on the NASDAQ Global Select Market under the ticker symbol "QTNA."

Morgan Stanley & Co. LLC is acting as lead left bookrunner for the transaction. Barclays and Deutsche Bank Securities are acting as joint bookrunners. Needham & Company, William Blair, and Roth Capital Partners are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at [email protected]; or from Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone: 800-503-4611, or by email at [email protected]

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Quantenna Communications Inc.