First Advantage prices 12.5 million-share secondary offering at $22.20 per share - FA News | RalliesFirst Advantage prices 12.5 million-share secondary offering at $22.20 per share
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FA• Secondary offering priced by Silver Lake funds
- First Advantage priced an underwritten secondary offering of 12,500,000 common shares at $22.20 per share.
- Shares are being sold by Silver Lake funds; First Advantage is not selling stock or receiving proceeds.
- The offering is expected to close around Aug. 12, 2026, subject to customary conditions.
- The selling stockholder agreed to a 30-day lock-up; up to 4,200,000 shares will be distributed to limited partners outside the lock-up.
- J.P. Morgan Securities is acting as underwriter.
