ESMT - EngageSmart announces secondary stock offering of 8M shares

• EngageSmart ( NYSE: ESMT ) on Tuesday said it proposed a secondary public offering of 8 million shares of its common stock.
• The shares are being offered by certain of its stockholders, including affiliates of General Atlantic and Summit Partners and certain members of the company’s management.
• In addition, selling stockholders have granted the underwriters a 30-day option to purchase up to 1.2 million additional shares.
• The selling stockholders will receive all of the proceeds from the offering.
• EngageSmart is not selling any of its shares in the offering and will not receive any of the proceeds from the sale of shares in the offering.
• The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
• Goldman Sachs, J.P. Morgan, BofA Securities and Citigroup will act as joint book-running managers for the offering.
• Press Release .

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