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Castlight Health Files Registration Statement for Proposed Initial Public Offering

Castlight Health Files Registration Statement for Proposed Initial Public Offering

SAN FRANCISCO February 10, 2014 – Castlight Health, a leading provider of enterprise healthcare cloud software, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its Class B common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Castlight plans to list its Class B common stock on the New York Stock Exchange under the ticker symbol “CSLT.”

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Allen & Company LLC; Stifel, Nicolaus & Company, Incorporated; Canaccord Genuity Inc.; and Raymond James & Associates, Inc. are acting as co-managers.

A registration statement relating to these securities has been filed with the 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 that 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile at (212) 902-9316 and by e-mail at prospectus-ny@ny.email.gs.com; or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by telephone at (866) 718-1649, or by email at prospectus@morganstanley.com.

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Media Contact:

Lorie Fiber
lfiber@castlighthealth.com
646-318-0575

Investor Contact:
Kristin Baker Spohn
kspohn@castlighthealth.com
510-390-6770