Dynatrace Inc. (DT) Announces Proposed 25M Share Common Offering by Selling Shareholder
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Dynatrace Launches Follow-On Offering by Selling Stockholders
February 18, 2020 4:21 PM ESTWALTHAM, Mass.--(BUSINESS WIRE)-- Software intelligence company, Dynatrace, Inc. (NYSE: DT), announced today the commencement of an underwritten public offering of 25,000,000 shares of common stock by certain selling stockholders of Dynatrace. Such selling stockholders will also grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of Dynatraces common stock. Dynatrace will not receive any of the proceeds from the sale of the shares being offered by the selling stockholders but will bear the costs associated with the sale of such shares, other than... More
