Web hosting provider and the world's biggest domain name registrar GoDaddy enters the Wall Street with a stock offering on Wednesday. The company announced the pricing of its initial public offering of 23,000,000 shares of its Class A common stock at a price to the public of $20.00 per share. This includes 2,500,000 shares of Class A common stock that are being purchased at the initial public offering price by certain entities affiliated with the principal beneficial holders of its Class A common stock. All of the shares are being offered by GoDaddy. In addition, GoDaddy has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock to cover over-allotments, if any. The shares of Class A common stock are expected to begin trading on the New York Stock Exchange on April 1, 2015, under the symbol "GDDY."

GoDaddy is expected to raise more than $400 million in an initial public offering (IPO).