NASDAQ (NDAQ) Announces Launch of Secondary Offering of Nasdaq Common Stock

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Nasdaq Announces Launch of Secondary Offering of Nasdaq Common Stock

July 26, 2024 4:10 PM EDT

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) (the Company or Nasdaq) today announced a secondary public offering of 41,604,207 shares of its common stock currently held by Argus Seller, LP (the Selling Stockholder), an affiliate of certain funds managed by Thoma Bravo, L.P. Nasdaq is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares by the Selling Stockholder in the offering.

In addition, on July 25, 2024, Nasdaq entered into a share repurchase agreement with the Selling Stockholder conditioned on the... More