Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

DoubleVerify Announces Pricing Of Secondary Offering

DoubleVerify Holdings, Inc. announced the pricing of an underwritten secondary public offering of 8,000,000 shares of common stock by Providence VII U.S. Holdings L.P. (“Providence”) and other existing stockholders of DoubleVerify at a price to the public of $31.25 per share. The offering is expected to close on November 22, 2021, subject to the satisfaction of customary closing conditions. The underwriters will have a 30-day option to purchase up to an additional 1,200,000 shares of common stock from Providence and another selling stockholder. DoubleVerify will not receive any proceeds from the sale of shares in the offering.

Recommended AI News: Microland And Securonix Partner To Deliver State-Of-The-Art Managed SOC solutions

J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint lead bookrunning managers for the secondary offering. Barclays, RBC Capital Markets and Truist Securities are acting as joint bookrunning managers for the offering. William Blair, KeyBanc Capital Markets, BMO Capital Markets, Canaccord Genuity, JMP Securities, Needham & Company and Loop Capital Markets are acting as co-managers for the offering.

Related Posts
1 of 26,701

The offering will be made only by means of a prospectus. Copies of the final prospectus relating to the offering, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@jpmorgan.com or by telephone at (866) 803-9204; or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com.

A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

Recommended AI News: Foxtel Evolves Its Partnership With Commscope Launching The Revolutionary New Streaming Iq5 Device

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.