Intuit (INTU) Prices 1.55M Share Secondary Offering at $668.95/sh
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November 29, 2021 6:03 PM ESTAfter-Hours Movers
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Intuit (INTU) Stock Falls as Mailchimp Co-Founder to Sell ~1.55M Shares
November 29, 2021 5:48 PM ESTIntuit (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
Intuit (INTU) Announces 1.55M Share Secondary Offering
November 29, 2021 4:12 PM ESTIntuit (the Company) (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced today that certain entities affiliated with Dan Kurzius, co-founder of Mailchimp (the Selling Stockholder) have commenced an underwritten secondary offering of 1,548,700 shares of the Companys common stock.
The 1,548,700 shares, which represent approximately 15.3% of the shares issued by the Company as partial consideration for the Companys acquisition of The Rocket Science Group LLC (d/b/a Mailchimp), are being... More
