secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001558370-22-018152
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selling stockholder offers 1.5M shares of Vertex in secondary offering
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837022018152/0001558370-22-018152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837022018152/verx-20221117x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer