other material
confidence high
sentiment neutral
materiality 0.65
Selling stockholder offers 1.5M shares of Vertex in secondary offering
Vertex, Inc.
- Underwriting agreement with Goldman Sachs for sale of 1,500,000 shares by the 2009 Jeffrey R. Westphal Generation-Skipping Trust.
- Company did not sell any shares and received no proceeds from the offering.
- Offering closed on November 22, 2022, priced pursuant to Form S-3 registration statement.
- Secondary offering increases public float; selling stockholder is a trust associated with the founder.