Business
Alarm.com Announces Proposed Public Offering of Common Stock by Selling Stockholders
TYSONS, Va.--(BUSINESS WIRE)-- Alarm.com Holdings, Inc. (Nasdaq: ALRM) (the “Company”) today announced the launch of a proposed underwritten public offering
About this update from Alarm.com Holdings, Inc.
[{"type":"text","content":" TYSONS, Va.--(BUSINESS WIRE)--\nAlarm.com Holdings, Inc. (Nasdaq: ALRM) (the “Company”) today announced the launch of a proposed underwritten public offering of 5,616,451 shares of its common stock by entities affiliated with Technology Crossover Ventures (the “Selling Stockholders”). The Company is not selling any of its shares in the offering and will not receive any of the proceeds from the sale of shares of its common stock by the Selling Stockholders.\n\n\nMorgan Stanley is acting as sole underwriter for the proposed offering.\n\n\nThe offering is being made only by means of an effective shelf registration statement, including a prospectus, filed by the Company with the Securities and Exchange Commission (the “SEC”) on May 19, 2020. Before you invest, you should read the prospectus in that registration statement and the other documents the Company has filed with the SEC for more complete information about the Company and the offering. You may get these documents for free by visiting the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus may also be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014.\n\n\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.\n\n\nAbout Alarm.com\n\n\nAlarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM.\n\n\nCautionary Note on Forward-Looking Statements\n\n\nThis press release includes forward-looking statements within the meaning...