Shutterstock (SSTK) Prices 2.58M Common Stock Offering at $48.50/sh
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Shutterstock Announces Pricing of Public Offering of Common Stock
August 12, 2020 6:50 AM EDTNEW YORK, Aug. 12, 2020 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global technology company offering a creative platform for high-quality content, tools and services, today announced the pricing of its public offering of 2,580,000 shares of its common stock at a price to the public of $48.50 per share. Shutterstock is selling 516,000 shares of common stock in this offering, and Jon Oringer (Shutterstock's Founder, Executive Chairman of the Board and largest stockholder) is selling 2,064,000 shares of common stock in this offering. In addition, Mr. Oringer granted the underwriters a 30-day option to purchase... More
Shutterstock Announces Proposed Public Offering of Common Stock
August 10, 2020 4:19 PM EDTNEW YORK, Aug. 10, 2020 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global technology company offering a creative platform for high-quality content, tools and services, today announced that it has commenced a public offering of $250,000,000 of shares of its common stock, of which $200,000,000 of shares will be sold by Jon Oringer (Shutterstock's founder, Executive Chairman of the Board and largest stockholder) and $50,000,000 of shares will be sold by Shutterstock. In addition, Mr. Oringer intends to grant the underwriters a 30-day option to purchase up to an additional $37,500,000 of shares of common stock.Â
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