other material
confidence high
sentiment neutral
materiality 0.65
Intapp prices 6.25M share public offering at $36.50; company to receive ~$73M gross proceeds
Intapp, Inc.
- Offering consists of 2M new shares from Intapp (gross ~$73M) and 4.25M shares from selling stockholders (gross ~$155M).
- Underwriters granted 30-day option for 937,500 additional shares from selling stockholders, exercised in full.
- Net proceeds to Intapp for working capital and general corporate purposes; offering expected to close May 22, 2023.
- Lead underwriters: BofA Securities and Barclays; bookrunners include Citigroup, Raymond James, Credit Suisse, Piper Sandler.