Vertiv Holdings Co. (VRT) Announces Commencement of 20M Share Secondary Offering
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Vertiv Holdings Co Announces Commencement of Secondary Offering
August 11, 2020 4:13 PM EDTCOLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv Holdings Co (Vertiv) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the commencement of an underwritten secondary public offering of up to 20,000,000 shares of Vertivs Class A common stock by VPE Holdings, LLC (Platinum), an affiliate of Platinum Equity, LLC, pursuant to a registration statement filed with the Securities and Exchange Commission. In connection with the offering, the selling shareholder intends to grant to the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Vertivs Class A common... More
