other material
confidence high
sentiment neutral
materiality 0.55
DoubleVerify selling stockholders, led by Providence Equity, launch 12.5M share secondary offering
DoubleVerify Holdings, Inc.
- Selling stockholders, funds associated with Providence Equity, agree to sell 12,500,000 shares of DV common stock.
- Underwriters granted 30-day option to purchase up to 1,875,000 additional shares; Goldman Sachs & Co. LLC and Barclays Capital Inc. are underwriters.
- DoubleVerify receives no proceeds from the offering; all shares sold by existing stockholders.