Duck Creek Technologies (DCT) Prices 9M Share Common Offering at $46/Sh

Go back to Duck Creek Technologies (DCT) Prices 9M Share Common Offering at $46/Sh

Duck Creek Technologies Announces Pricing of Public Offering of Common Stock

January 28, 2021 9:20 PM EST

BOSTON, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (Nasdaq: DCT) (Duck Creek), a provider of SaaS-delivered enterprise software to the property & casualty (P&C) insurance industry, announced today the pricing of an underwritten public offering by Duck Creek and certain of its stockholders of a total of 9,000,000 shares of Duck Creeks common stock (an upsize of 1,000,000 shares) at a public offering price of $46.00 per share, including 8,910,000 shares offered by the selling stockholders and 90,000 shares offered by Duck Creek. The offering is expected to close on February 2, 2021, subject to customary closing conditions. The selling... More