IronPlanet Files Registration Statement for Initial Public Offering

March 26, 2010
IronPlanet Inc., an online marketplace for used heavy equipment, last week filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The shares in the offering will be offered by IronPlanet and certain selling stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.

IronPlanet Inc., an online marketplace for used heavy equipment, last week filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The shares in the offering will be offered by IronPlanet and certain selling stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.

J.P. Morgan Securities and Deutsche Bank Securities will be acting as joint book-running managers for the offering, with Cowen and Co., Piper Jaffray & Co. and Needham & Co. LLC acting as co-managers.

The offering will be made by means of a prospectus. When available, a copy of the preliminary prospectus may be obtained from J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at (866) 803-9204; or from Deutsche Bank Securities Inc., via telephone: (800) 503-4611; or standard mail at 100 Plaza One, Jersey City, New Jersey 07311 Attn: Prospectus Department.

IronPlanet is headquartered in Pleasanton, Calif.