Seand :
Qualtrics International Inc. is offering 51,695,568 shares of its Class A common stock. This is our initial public offering, and no public market currently exists for our shares. The initial public offering price is $30.00 per share. SAP America, Inc., or SAP America, a wholly owned subsidiary of SAP SE, together with its consolidated subsidiaries other than us, SAP, currently owns 98.6% of our outstanding common stock and, following this offering, SAP America will continue to be our controlling stockholder. Upon completion of this offering, we will have two classes of common stock outstanding: Class A common stock and Class B common stock.
Seand : silverLake is a major shareholder with 25.6% ownership
Seand : Qualtrics International Inc. is offering 51,695,568 shares of its Class A common stock. This is our initial public offering, and no public market currently exists for our shares. The initial public offering price is $30.00 per share. SAP America, Inc., or SAP America, a wholly owned subsidiary of SAP SE, together with its consolidated subsidiaries other than us, SAP, currently owns 98.6% of our outstanding common stock and, following this offering, SAP America will continue to be our controlling stockholder. Upon completion of this offering, we will have two classes of common stock outstanding: Class A common stock and Class B common stock.