Intuit (INTU) Prices 1.55M Share Secondary Offering at $668.95/sh
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Intuit Announces Pricing of Secondary Offering of 1,548,700 Shares of Common Stock
November 29, 2021 10:02 PM ESTMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit (the Company) (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 the Company as partial consideration... More
