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0 0.000365096750638976 -0.00146038700255565 0.00401606425702809 0.00584154801022271 0.0153340635268347 0.022635998539613 0.0222709017889741
Stock impact report

Ping Identity Announces Pricing of Follow-on Offering of Common Stock by Selling Shareholders

Ping Identity Holding Corp. (PING) 
Last ping identity holding corp. earnings: 3/4 04:10 pm Check Earnings Report
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Ping Identity Holding Corp. (NYSE: PING) (“Ping Identity”), the Intelligent Identity solution for the enterprise, today announced the pricing of a public follow-on offering of 10,000,000 shares of its common stock by investment funds affiliated with Vista Equity Partners at a price to the public of $28.25 per share. Such selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock on the same terms and conditions. This offering will not dilute ownership of any existing investors. Ping Identity will not receive any proceeds from the sale of shares by the selling shareholders, and will not issue any shares of its common stock in the offering. The offering is expected to close on November 12, 2021, subject to customary closing conditions.Morgan Stanley is acting as sole underwriter for the proposed offering.A registration statement relating to these securities has been filed with, and Show less Read more
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