All of the IPO shares were being issued by the company. The company will have two classes of stock outstanding after the IPO, Class A common and Class B common. The Class B common will be held by insiders and will have super voting rights of 10 votes per share. The company is listed on NASDAQ with a ticker of KYAK.
Morgan Stanley was the lead-left book-running underwriter on the deal, and Deutsche Bank was the joint-book-running manager. Piper Jaffray, Stifel Nicolaus Weisel and Pacific Crest Securities served as co-managers on the IPO.
Venture capital investors listed on the prospectus as 5% shareholders include General Catalyst, Sequoia, Accel and Oak. Other venture capital investors include Gold Hill Capital, Norwest Venture Partners and Trident Capital. AOL is also an investor in the company.