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ALIT - Alight upsizes and prices 46M share secondary offering
March, 02 2023 02:18 AM
Alight Inc Cl A
Alight ( NYSE: ALIT ) prices the upsized secondary offering of 46M shares at a public offering price of $9.00 per share. This offering was previously of 40M shares. Underwriters' have a 30-day option to purchase up to 6.9M additional shares In addition, the company has entered into a repurchase agreement with certain selling stockholders to repurchase $10M shares. The company will not receive any proceeds from the offering. Stock price down 1.9% during after-market hours. For further details see:
Alight upsizes and prices 46M share secondary offering
Stock Information
Company Name:
Alight Inc Cl A
Stock Symbol:
ALIT
Market:
NYSE
Website:
alight.com
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