Press release
PTC Inc. Announces Secondary Offering of Common Stock by Selling Stockholder
BOSTON, Aug. 1, 2023 /PRNewswire/ -- PTC Inc. (Nasdaq: PTC) today announced a public secondary offering of 5,830,905 shares of its outstanding common stock
About this update from Ptc Inc.
[{"type":"text","content":"BOSTON, Aug. 1, 2023 /PRNewswire/ -- PTC Inc. (Nasdaq: PTC) today announced a public secondary offering of 5,830,905 shares of its outstanding common stock held by Rockwell Automation, Inc.\n\n \n \n \n \n \n \n\n \nThis offering is solely a resale of secondary shares currently issued and outstanding, and PTC will not receive any proceeds from the sale of shares in this offering.\nGoldman Sachs & Co. LLC is the sole underwriter for the secondary offering.\nThe offering of these securities is being made pursuant to PTC's effective shelf registration statement previously filed with the Securities and Exchange Commission (\"SEC\") on November 22, 2021. When available, a copy of the prospectus relating to the offering may be obtained from Goldman Sachs and Co. LLC, c/o Prospectus Department, 200 West Street, New York, New York 10282, by calling (866) 471-2526, by facsimile at (212) 902-9316 or by email at [email protected] or by visiting the EDGAR database on the SEC's website at www.sec.gov.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer or sale will be made only by means of PTC's prospectus supplement and prospectus forming part of the effective registration statement relating to these securities.\nABOUT PTC\nPTC (NASDAQ: PTC) is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 25,000 customers globally.\nForward-Looking Statements\nThis press release may contain \"forward-looking statements\" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding the proposed secondary offering. These statements can be identified by the use of forward-looking terminology such as \"expects,\" \"believes,\" \"estimates,\" \"intends,\" \"may,\" \"will,\" \"should\" or \"anticipates\" or the negative o...