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Verra Mobility Announces Pricing Of Public Offering Of Common Stock By A Selling Stockholder
MESA, Ariz., Dec. 7, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM) ("Verra Mobility" or the "Company"), a leading provider of smart mobility technology
About this update from Verra Mobility Corporation
[{"type":"text","content":"MESA, Ariz., Dec. 7, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM) (\"Verra Mobility\" or the \"Company\"), a leading provider of smart mobility technology solutions, announced today the pricing of an underwritten public offering of 8,207,821 shares of its Class A Common Stock by a selling stockholder of the Company. The Company will not receive any of the proceeds from the sale of the shares being offered by the selling stockholder. Settlement is scheduled for December 10, 2021, subject to customary closing conditions.\n\n \n \n \n \n \n \n\n \nBofA Securities is acting as the sole underwriter for the offering.\nAn automatic shelf registration statement on Form S-3 (including a prospectus) relating to these securities became effective upon filing with the Securities and Exchange Commission (the \"SEC\"). The Offering is being made solely by means of a prospectus supplement and the accompanying prospectus. Copies of the preliminary prospectus supplement and, when available, final prospectus supplement and related prospectus relating to the offering may be obtained by contacting: BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attn: Prospectus Department, Email: [email protected]. \nThis press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout Verra Mobility\nVerra Mobility is committed to developing and using the latest in technology and data intelligence to help make transportation safer and easier. As a global company, Verra Mobility sits at the center of the mobility ecosystem – one that brings together vehicles, devices, information, and people to solve complex challenges faced by our customers and the constituencies they serve.\nVerra Mobility serves the world's largest commercial fleets and rental car companies to manage tolling transactions and violations for millions of vehicles. As a leading provider of connected systems, Verra Mobility processes millions of transactions each year through integration and connectivity with hundreds of tolling and issuing authorities. Verra Mobility a...