other
confidence high
sentiment neutral
materiality 0.65
Selling stockholders launch 15M share offering of Dynatrace common stock at $45.15
Dynatrace, Inc.
- Selling stockholders offer 15M shares at $45.15 each; underwriter has 30-day option for 2.25M additional shares.
- Company will not receive any proceeds from the offering; it bears registration costs only.
- BofA Securities is sole underwriter; offering expected to close February 10, 2023.
- The shares are registered under an automatic shelf registration statement on Form S-3 filed in 2020.