DuPont Fabros Technology, Inc. (NYSE: DFT) has announced the closing of its initial public offering and that the underwriters for the offering have exercised in full their over-allotment option to purchase an additional 4,575,000 shares of its common stock, bringing the total shares sold to 35,075,000 at a price of $21.00 per share for net proceeds of approximately $678.0 million, after underwriting discounts and financial advisory fees payable to the underwriters and estimated offering expenses payable by the Company. The shares of DuPont Fabros Technology began trading on Friday, October 19, 2007, on the New York Stock Exchange under the ticker symbol "DFT." Lehman Brothers Inc. and UBS Investment Bank served as joint book-running managers for the offering, with Citi, KeyBanc Capital Markets, Wachovia Capital Markets, LLC, Banc of America Securities LLC, and Raymond James serving as co-managers.
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