Viant launches secondary offering of 8,500,000 Class A shares - DSP News | RalliesViant launches secondary offering of 8,500,000 Class A shares
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DSP• Viant announces secondary share offering
- Viant launched an underwritten public offering of 8,500,000 shares of Class A common stock sold by a selling stockholder.
- Underwriters hold a 30-day option to buy up to 1,275,000 additional Class A shares from the company.
- Proceeds go to the selling stockholder; Viant receives proceeds only from any sale of the option shares.
- Evercore ISI, Wells Fargo Securities, and RBC Capital Markets lead the bookrunning group.
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