Silver Lake sells 12.5M First Advantage shares at $22.20 in secondary offering

FIRST ADVANTAGE CORP

Selling stockholder Silver Lake to sell 12,500,000 shares at $22.20 per share; total gross proceeds ~$277.5M.
First Advantage receives no proceeds; all proceeds go to Silver Lake.
Offering closed Aug 12, 2026; underwritten by J.P. Morgan Securities LLC.
Silver Lake entered 30-day lock-up; up to 4.2M shares distributed to limited partners not subject to lock-up.
No lock-up for First Advantage directors and officers.

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