other material
confidence high
sentiment neutral
materiality 0.70
UL Solutions completes IPO of 38.87M shares at $28.00; all sold by selling stockholder
UL Solutions Inc.
- Offering closed April 16, 2024; 38,870,000 shares of Class A common stock at $28.00 per share.
- Underwriters exercised in full option to purchase an additional 5,070,000 shares.
- All shares sold by Selling Stockholder ULSE Inc.; company received no proceeds.
- Amended certificate of incorporation and bylaws became effective April 11, 2024 in connection with the IPO.