other material
confidence high
sentiment neutral
materiality 0.60
Selling stockholders sell 22.5M shares of Alight at $7.98; Alight repurchases 1.25M shares
Alight, Inc. / Delaware
- Selling stockholders (Blackstone affiliates, Jasmine Ventures, Platinum Falcon) sold 22,500,000 shares at $7.98 per share.
- Underwriters granted 30-day option to purchase up to 3,375,000 additional shares.
- Alight did not sell any shares and received no proceeds from the offering.
- Alight repurchased 1,253,133 shares from selling stockholders at $7.98 per share in a private transaction.
- Offering closed on August 22, 2023, under an existing S-3 shelf registration statement.