Business
Thryv Announces Pricing of Upsized Secondary Public Offering of Common Stock by Selling Stockholders
Dallas, May 26, 2021 (GLOBE NEWSWIRE) -- Thryv Holdings, Inc. (NASDAQ: THRY) (“Thryv” or the “Company”), today announced the pricing of its previously
About this update from Thryv Holdings, Inc.
[{"type":"text","content":"Dallas, May 26, 2021 (GLOBE NEWSWIRE) -- Thryv Holdings, Inc. (NASDAQ: THRY) (“Thryv” or the “Company”), today announced the pricing of its previously announced underwritten public offering of 4,238,426 shares of its common stock by certain selling stockholders (the “Selling Stockholders”) at a public offering price of $23.50 per share (the “Offering”). The Offering was upsized from a previously announced offering size of 3,500,000 shares of common stock. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 635,763 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Thryv is not offering any shares of its common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares. The Offering is expected to close on June 1, 2021, subject to the satisfaction of customary closing conditions. William Blair is acting as lead book-running manager and representative of the underwriters for the Offering. Needham & Company is also serving as a book-runner and CJS Securities is acting as co-manager for the Offering. The Offering will be made only by means of a prospectus. Copies of the final prospectus relating to the Offering can be obtained, when available, from: William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606; via telephone at (800) 621-0687 or via email: [email protected]. A registration statement on Form S-1 relating to these securities was declared effective by the Securities and Exchange Commission on May 26, 2021. A copy of the preliminary prospectus can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. Forward-Looking Statements Some statements inclu...