Vertiv Holdings Co. (VRT) Commences 20M Share Secondary Offering

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Vertiv Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock

November 1, 2021 4:25 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 commencement of an underwritten secondary 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 an effective registration statement on file with the Securities and Exchange Commission (the SEC). In connection with the offering, Platinum 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