red violet Announces Closing of $115 Million Underwritten Public Offering of Common Stock, Including Full Exercise of Underwriters’ Option
Red Violet closed an underwritten public offering of 1,916,667 shares of common stock, generating gross proceeds of $115 million. Net proceeds are estimated at approximately $108.6 million, which the company intends to use for working capital, general corporate purposes, and potential strategic acquisitions.
Key figures
- Deal Value Usd
- $115 million
- Shares Offered
- 1916667
- Net proceeds
- $108.6 million
- Greenshoe shares
- 250000
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