PowerSchool Holdings (PWSC) Prices 8.7M Share Secondary Offering at $21/sh
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PowerSchool Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders
March 1, 2023 12:30 AM ESTFOLSOM, Calif.--(BUSINESS WIRE)-- PowerSchool Holdings, Inc. (NYSE: PWSC) (PowerSchool), the leading provider of cloud-based software for K-12 education in North America, today announced the pricing of an underwritten offering of 8,700,000 shares of its Class A common stock by certain selling stockholders associated with Onex Partners Manager LP and Vista Equity Partners as well as Hardeep Gulati (the Selling Stockholders), respectively, at a price to the public of $21.00 per share. Mr. Gulati sold 63,727 shares of our Class A common stock in the offering. The offering... More
