Shift4 Payments (FOUR) Announces Proposed 7M Share Offering

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Shift4 Payments Announces Proposed Public Offering of Class A Common Stock

July 20, 2021 4:15 PM EDT

ALLENTOWN, Pa.--(BUSINESS WIRE)-- Shift4 Payments, Inc. (Shift4) (NYSE: FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced that it intends to offer 1,791,818 shares of its Class A common stock for sale in an underwritten public offering (the Primary Offering). Certain entities associated with Searchlight Capital Partners, L.P. (the selling stockholders) also intend to offer 5,208,182 shares of Shift4s Class A common stock for sale in the offering (the Secondary Offering and, together with the Primary Offering, the Offering). Shift4 also intends to grant the underwriters a 30-day option to... More