---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-207334"
form_type: "8-K"
ticker: "VRT"
cik: "0001674101"
company_name: "Vertiv Holdings Co"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:32:45.991292+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Vertiv's selling shareholder VPE Holdings sells 20M shares in secondary offering; net proceeds ~$698M

## Summary
- VPE Holdings sold 20,000,000 shares of Class A common stock to BofA Securities as underwriter.
- Net proceeds to selling shareholder approximately $698.2 million; Company received none.
- Lock-up restrictions: Company/directors/officers 30 days, selling shareholder 60 days post-agreement.
- Underwriting agreement includes customary reps, warranties, indemnification and closing conditions.

## SEC filing metadata
- accession: 0001193125-23-207334
- form_type: 8-K
- ticker: VRT
- cik: 0001674101
- company_name: Vertiv Holdings Co
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674101/000119312523207334/0001193125-23-207334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674101/000119312523207334/d689086d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-207334
- JSON: https://secwatch.observer/filing/0001193125-23-207334.json
- Plain text: https://secwatch.observer/filing/0001193125-23-207334.txt

## Key facts
- Material Agreements
  Vertiv Holdings Co entered into Underwriting Agreement with VPE Holdings, LLC and BofA Securities, Inc. valued at 20,000,000 shares of Class A common stock (effective 2023-08-07).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: VPE Holdings, LLC and BofA Securities, Inc.
  - Value: 20,000,000 shares of Class A common stock
  - Effective: 2023-08-07
  source text: On August 7, 2023, Vertiv Holdings Co, a Delaware corporation (the “Company”), VPE Holdings, LLC (the “Selling Shareholder”) and BofA Securities, Inc. (the “Underwriter”) entered into an underwriting agreement (the “Underwriting Agreement”), pursuant to which the Selling Shareholder agreed to sell to the Underwriter, and the Underwriter agreed to purchase from the Selling Shareholder, subject to and upon the terms and conditions set forth therein, 20,000,000 shares of Class A common stock, par value $0.0001 per share (the “Class A common stock”), of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312523207334/0001193125-23-207334-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.