Cannae Holdings, Inc. (CNNE) Announces Proposed 11M Common Share Offering

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Cannae Holdings, Inc. Announces Public Offering of Common Stock

June 10, 2020 4:11 PM EDT

LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE: CNNE) (Cannae or the Company) today announced that it intends to offer 11,000,000 shares of its common stock, par value $0.0001 per share (the Common Stock), pursuant to a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the SEC). The Company expects that up to 500,000 shares of its Common Stock will be purchased, at the public offering price, by certain of its directors and officers and certain other related parties. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional... More