other material
confidence high
sentiment neutral
materiality 0.70
CoStar Group issues 10.66M shares for $750M in underwritten offering
COSTAR GROUP, INC.
- Issued 10,656,436 shares at an aggregate purchase price of $750 million.
- Underwriting agreement with Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC.
- Shares sold pursuant to a shelf registration statement on Form S-3 filed with the SEC.
- Closing date September 20, 2022.
- Latham & Watkins LLP provided legal opinion on validity of the shares.