secwatch.observer — SEC 8-K summary
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Issuer:     Dynatrace, Inc. (DT)
CIK:        0001773383
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001628280-23-039391
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynatrace selling stockholders price 10M-share secondary offering at $50/share
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- Secondary offering of 10M shares of common stock priced at $50.00 per share by certain selling stockholders.
- Underwriter BofA Securities granted a 30-day option to purchase up to an additional 1.5M shares.
- Dynatrace will not receive any proceeds from the sale; costs borne by company except underwriting discounts.
- Offering expected to close on November 17, 2023, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1773383/000162828023039391/0001628280-23-039391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1773383/000162828023039391/dt-20231115.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-039391

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