Press Releases

Sheppard Mullin Advises RealD Inc. On Its $249 Million Secondary Public Offering Of Common Stock

December 10, 2010

RealD Inc. (NYSE:  RLD), a leading global licensor of 3D technologies, today closed on a secondary offering of 8,987,251 shares of RealD common stock, including 1,172,250 shares issued upon the exercise in full of the underwriters over-allotment option, at the public offering price of $27.75 per share.  All of the shares were sold by existing stockholders and RealD did not sell any shares of common stock in the secondary offering and will not receive any proceeds from the sale of shares by the selling stockholders.

Sheppard Mullin represented RealD in the transaction with a deal team led by Century City/Santa Barbara partner Tom Hopkins.  Palo Alto partner Louis Lehot also advised on the transaction.  RealD's in-house legal team was led by Craig Gatarz, Executive Vice President and General Counsel.  J.P. Morgan Securities LLC and Piper Jaffray & Co. acted as joint book-running managers for the offering. William Blair & Company, L.L.C. acted as co-lead manager, and Stifel, Nicolaus Weisel and BMO Capital Markets Corp. acted as co-managers.

About Sheppard, Mullin, Richter & Hampton LLP

Sheppard Mullin is a full service AmLaw 100 firm with 550 attorneys in 11 offices located in the United States and Asia.  Since 1927, companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions.  In the U.S., the firm's clients include more than half of the Fortune 100.