Informatica (INFA) Prices 16M Share Secondary Offering at $25.50/sh
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Informatica Announces Pricing of Secondary Public Offering of Common Stock
November 8, 2024 2:43 AM UTCREDWOOD CITY, Calif.--(BUSINESS WIRE)-- Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, today announced the pricing of its previously announced underwritten registered secondary offering of 16,000,000 shares of its Class A common stock (the Offering) by certain funds associated with Permira and Canada Pension Plan Investment Board (together, the Selling Stockholders) at a price to the public of $25.50. In connection with the Offering, the Selling Stockholders have granted the underwriter a 30-day option to purchase up to 2,400,000 additional shares. The Offering is expected to close on November 12, 2024, subject to satisfaction of customary... More
