other material
confidence high
sentiment neutral
materiality 0.60
DoubleVerify selling stockholders to sell 12.5M shares in secondary offering
DoubleVerify Holdings, Inc.
- Providence Equity funds sold 12.5M shares; underwriters exercised 1.875M share option in full.
- Company received no proceeds from the offering.
- Underwriters: J.P. Morgan Securities LLC and Barclays Capital Inc.
- Offering priced on March 6, 2023; selling stockholders grant 30-day option.