Source prnewswire
Integral Ad Science Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
Holding company Integral Ad Science Inc.. An underwritten offering by investment funds affiliated with Vista Equity Partners (the "Selling Stockholders") of 11,000,000 shares of its common stock at a price to the public of $14 per share was announced today by the leading global media measurement and optimization platform (Nasdaq: IAS), a leading global media measurement and optimization platform..The share price is $0.00 per share. It is anticipated that the offering will close on December 7, 2023, subject to the satisfaction of the customary closing conditions.. There is an option for the underwriters to purchase up to an additional 1,650,000 shares of IAS's common stock from the Selling Stockholders within 30 days of the offer being accepted There is an option for the underwriters to purchase up to an additional 1,650,000 shares of IAS's common stock from the Selling Stockholders within 30 days of the offer being acceptedAside from the underwriting discounts and commissions that may be applicable, IAS will not be selling any shares of common stock in this offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. However, IAS will bear all of the costs associated with the sale of such shares, other than any underwriting discounts and commissions.It is expected that Goldman Sachs & Co. LLC will act as the underwriter of the offering.A Registration Statement on Form S-3 on behalf of these securities has been filed with the Securities and Exchange Commission and has become effective upon such filing with the Commission. There will only be an offering of shares through the use of a prospectus and its accompanying prospectus supplement. In order to obtain more complete information about the investment, prospective investors are encouraged to read the prospectus, any accompanying prospectus supplement, as well as the documents incorporated by reference therein. If you wish to obtain a copy of the prospectus and any prospectus supplements related to this offering, you may do so by visiting the SEC's website at www.sec.gov as soon as they become available..A few seconds.The government. There is also the option of obtaining copies of the prospectus and prospectus supplement relating to the offering if you request them by contacting: Goldman Sachs & Co. Ltd.. LLC, Attn: Prospectus Department, 200 West Street, New York, New York 10282, or you can contact them by telephone at 1-866-471-2526, by fax at 212-902-9316 or by email at [email protected]. LLC, Attn: Prospectus Department, 200 West Street, New York, New York 10282, or you can contact them by telephone at 1-866-471-2526, by fax at 212-902-9316 or by email at [email protected].It is not intended to constitute an offer to sell or a solicitation of an offer to buy these securities in this press release, nor is it intended to constitute any offer or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registering or qualifying under the securities laws of such state or jurisdiction.Integral Ad Science - What we doThere's no question that Integral Ad Science (IAS) is one of the world's leading global media measurement and optimization platforms that delivers the industry's most actionable data to drive superior ROI for the world's largest advertisers, publishers, and media companies. As a result of the software developed by IAS, a comprehensive and enriched set of data is available that allows advertisers to ensure their ads are seen by real people in safe and suitable environments, while publishers can improve their yield and return on ad spend.. It is the mission of our company to be the global benchmark for trust and transparency in the quality of digital media It is the mission of our company to be the global benchmark for trust and transparency in the quality of digital mediaPlease note that forward-looking statements are subject to risks and uncertaintiesUnless otherwise stated in this press release, any statements that are not statements of historical fact, including statements about our beliefs and expectations, including statements related to the offering and the expected settlement date, are forward-looking statements and should be regarded as such.. It is important to note that forward-looking statements include information as to possible or assumed future results of operations, including our financial outlook and descriptions of our business strategy and plans. The forward-looking statements made by IAS management are based on the company's management's beliefs, as well as the assumptions they have made and the information that they have at this time. There is a way to identify forward-looking statements by the fact that they do not relate strictly to historical or current facts.. Whenever we discuss the timing or nature of future operating or financial performance or other events, we may include the words "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "will," "should," "can have," and other words and terms of similar meaning, such as "anticipate," "estimate," "expect," "project," "plan," "intend," and other terms of similar meaning.. Since forward-looking statements are based on expectations regarding future events, and are not statements of fact, actual results may differ materially from those projected in forward-looking statements. Due to this, you should not rely on any of the forward-looking statements contained in this press release. There are a number of important factors that could cause actual results to differ materially from those indicated in the forward-looking statements related to the offering, including risks and uncertainties related to the satisfaction of the customary closing conditions.. It is important to note that there are a number of additional risks and uncertainties associated with the offering, IAS, and our business, which can be found under the heading "Risk Factors" in the documents IAS has filed with the SEC. We have discussed in our prospectus the risk factors outlined in the section titled "Risk Factors" in the form S-3ASR that we filed with the SEC on May 9, 2023, as well as in our Annual Report on Form 10-K that we filed with the SEC on March 2, 2023, as these factors may be updated from time to time in periodic filings that IAS makes with the SEC. It is important to note that there are a number of additional risks and uncertainties associated with the offering, IAS, and our business, which can be found under the heading "Risk Factors" in the documents IAS has filed with the SEC. We have discussed in our prospectus the risk factors outlined in the section titled "Risk Factors" in the form S-3ASR that we filed with the SEC on May 9, 2023, as well as in our Annual Report on Form 10-K that we filed with the SEC on March 2, 2023, as these factors may be updated from time to time in periodic filings that IAS makes with the SEC.It is understood that any forward-looking statement we make in this release is based solely on information that is available to us as of the date of its release and is only valid as of that date. Except in compliance with law, we do not assume any obligation to update any forward-looking statement, whether written or oral, that we make from time to time, whether as a result of new information or future developments or otherwise.The following contact information is for investors. Investor Contact: Jonathan Schaffer / Lauren Hartman [email protected] If you are a member of the media, please contact us at press@integralads.comThe source of this information is Integral Ad Science, Inc.It has been announced today that Integral Ad Science Holding Corp. (Nasdaq: IAS), a leading global platform for media measurement and optimization, has commenced...The Integral Ad Science Holding Corp., (Nasdaq: IAS), a leading global media measurement and optimization platform, announced today that Lisa O'Connor has joined the company...Get PRN's top stories and curated news delivered right to your inbox each week by signing up for our newsletter.
No Comments