other material
confidence high
sentiment neutral
materiality 0.60
Red Violet closes $115M public offering of 1,916,667 shares at $60.00
Red Violet, Inc.
- Closed underwritten public offering of 1,916,667 shares (incl. 250,000 option shares) at $60.00/share on Aug 7, 2026.
- Gross proceeds $115M; net proceeds ~$108.6M after underwriting discounts and estimated expenses.
- Proceeds for working capital, general corporate purposes, and potential strategic acquisitions.
- Underwriters: Raymond James and Needham; co-managers B. Riley and Craig-Hallum; Lake Street as financial advisor.
- Offering under shelf registration on Form S-3 declared effective Nov 25, 2025.