DoubleVerify Holdings (DV) Prices 12.5M Share Secondary Offering at $32.65/sh

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DoubleVerify Announces Pricing of Secondary Offering by Selling Stockholders

August 7, 2023 9:26 PM EDT

NEW YORK--(BUSINESS WIRE)-- DoubleVerify Holdings, Inc. (NYSE: DV) (DoubleVerify) today announced the pricing of an underwritten offering of 12,500,000 shares of its common stock by Providence VII U.S. Holdings L.P. and Providence Butternut Co-Investment L.P. (collectively, Providence) at a price to the public of $32.65 per share. The offering is expected to close on August 9, 2023, subject to the satisfaction of customary closing conditions. The underwriters will have a 30-day option to purchase up to an additional 1,875,000 shares of common stock from Providence. DoubleVerify will not receive any proceeds from the sale of shares... More