Bandwidth, Inc. (BAND) Announces Secondary Offering
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Bandwidth Inc. Announces Secondary Offering
November 2, 2020 5:07 PM ESTRALEIGH, N.C., Nov. 2, 2020 /PRNewswire/ -- Bandwidth Inc. (the "Company") (NASDAQ: BAND), a leading enterprise cloud communications company, today announced that VIP II Nominees Limited (for the benefit of Vitruvian Investment Partnership II, a fund managed by Vitruvian Partners LLP) (the "Selling Stockholder"), intends to offer for sale in an underwritten secondary offering 663,394 shares of Class A common stock of the Company pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The Selling Stockholder will receive all of the proceeds from... More
