Intuit (INTU) Announces 1.55M Share Secondary Offering
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November 30, 2021 5:52 AM EST
Intuit (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced today the pricing of an underwritten secondary offering by certain entities affiliated with Dan Kurzius, co-founder of Mailchimp (the Selling Stockholder) of 1,548,700 shares of the Companys common stock at a public offering price of $668.95 per share. The shares are expected to be delivered on or about December 1, 2021, subject to customary closing conditions.
The 1,548,700 shares, which represent approximately 15.3% of the shares issued by... More
November 29, 2021 5:48 PM EST
Intuit (NASDAQ: INTU) shares fell 2.5% after-hours after the made an announcement, according to which it will offer 1,548,700 shares of its common stock in an underwritten secondary offering, the net proceeds of which will be received by the selling shareholders.
The selling shareholder was certain... More
