Sprout Social (SPT) Announces Launch of Follow-on Public Offering

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Sprout Social Announces Launch of Follow-on Public Offering

August 10, 2020 4:29 PM EDT

CHICAGO, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (Sprout Social or the Company) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it has commenced a follow-on public offering of its Class A common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the SEC). The Company proposes to sell up to 1.5 million shares of its Class A common stock in the offering, and selling stockholders are proposing to sell up to 4.5 million shares of the Companys Class A common stock... More