Bill.com (BILL) Announces $1B Stock Offering

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Go back to Bill.com (BILL) Announces $1B Stock Offering

Bill.com to Offer $1.0 Billion of Common Stock

September 21, 2021 7:30 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it proposes to offer pursuant to an underwritten public offering (the offering) $1.0 billion in shares of its common stock (the shares), subject to market conditions and other factors. Bill.com also intends to grant the underwriters of the shares a 30-day option to purchase up to an additional $150.0 million in shares.

Goldman Sachs & Co. LLC, BofA Securities, Inc, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Jefferies... More