Vertiv Holdings Co. (VRT) Prices 20M Share Secondary Offering at $15.25/Sh

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Vertiv Holdings Co Announces Pricing of Secondary Offering

August 12, 2020 6:51 PM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv Holdings Co (Vertiv) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the pricing of the previously announced underwritten secondary public offering (the Offering) of 20,000,000 shares of Vertivs Class A common stock by VPE Holdings, LLC (Platinum), the selling stockholder and an affiliate of Platinum Equity, LLC (the Selling Stockholder), pursuant to a registration statement filed with the Securities and Exchange Commission (the SEC), at a public offering price of $15.25 per share. In connection with the Offering, the Selling Stockholder has granted the underwriters a 30-day... More