Cannae Holdings, Inc. (CNNE) Announces Proposed 6M Share Common Offering

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Cannae Holdings, Inc. (CNNE) Prices Upsized 6.5M Share Common Offering for Projected Gross Proceeds of Approx. $214.5M

December 4, 2019 5:37 AM EST

Cannae Holdings, Inc. (NYSE: CNNE) today announced the pricing of the previously announced underwritten public offering, pursuant to a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the SEC). The offering of 6,500,000 shares of its common stock, par value $0.0001 per share (the Common Stock), represents an increase of 500,000 shares of Common Stock offered by the Company from the amount of shares previously announced. The Company expects that up to 84,200 shares of its Common Stock will be purchased, at the public offering price, by certain of its directors and officers and... More