ALIT - Alight rises after pricing stock offering by sellers
- Alight ( NYSE: ALIT ) shares gained 4% premarket on Tuesday after the human capital technology and services provider priced an underwritten secondary public offering of 20M shares of its Class A common stock at $7.75/share.
- The selling stockholders have granted the underwriters a 30-day option to purchase up to 3M additional shares of Alight’s ( ALIT ) Class A common stock.
- Alight is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the offering.
- The offering is expected to close on or about November 17, 2022.
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Alight rises after pricing stock offering by sellers