2023-08-07 08:16:15 ET
- Vertiv Holdings Co ( NYSE: VRT ) Monday announced the commencement of an underwritten secondary offering of up to 20M shares of Class A common stock by VPE Holdings, an affiliate of Platinum Equity.
- The closing of the offering is expected to occur on or about August 9, 2023, subject to customary closing conditions.
- Vertiv is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the offering.
- BofA Securities Inc. is acting as sole underwriter for the offering.
- VRT --3.36% premarket to $34.51
- Source: Press Release
For further details see:
Vertiv announces commencement of underwritten secondary offering