other material
confidence high
sentiment neutral
materiality 0.70
Rockwell Automation sells 5.83M PTC shares in $820M secondary offering at $140.67/share
PTC INC.
- Rockwell Automation US Holdings sold 5,830,905 shares of PTC common stock via underwritten offering.
- Goldman Sachs acted as sole underwriter; shares priced at $140.672 each, raising ~$820M for selling stockholder.
- PTC received no proceeds from the offering; all shares sold by the existing stockholder.
- Offering completed on August 3, 2023 under an effective S-3 registration statement.