other material
confidence high
sentiment neutral
materiality 0.75
Thryv prices $80M stock offering at $14/share to fund Keap acquisition
Thryv Holdings, Inc.
- Priced 5,715,000 shares at $14.00 each; gross proceeds ~$80M; underwriter has 30-day option for 857,250 additional shares.
- Net proceeds ~$76M after underwriting discounts and offering expenses.
- Proceeds will fund a portion of the purchase price for the previously announced acquisition of Infusion Software (Keap).
- RBC Capital Markets is sole book-runner; offering closed on October 31, 2024.