Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Senior Notes Offering
Vertex, Inc. - Class A (VERX)
Company Research
Source: GlobeNewswire
KING OF PRUSSIA, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex”), a leading global provider of indirect tax solutions, today announced the pricing of $300 million aggregate principal amount of 0.750% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced $250 million aggregate principal amount of notes. In connection with the offering of the notes, Vertex granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to settle on April 26, 2024, subject to customary closing conditions. The notes will be senior, unsecu
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VERX
News
- Vertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior Notes [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesGlobeNewswire
- 15 Best Avalara Software Alternatives in 2024 [Yahoo! Finance]Yahoo! Finance
- Vertex Selected to Join Oracle ISV Accelerator for SaaS Initiative [Yahoo! Finance]Yahoo! Finance
- Vertex Selected to Join Oracle ISV Accelerator for SaaS InitiativeGlobeNewswire
VERX
Earnings
- 2/29/24 - Beat
VERX
Sec Filings
- 5/3/24 - Form DEFR14A
- 5/2/24 - Form 4
- 4/29/24 - Form ARS
- VERX's page on the SEC website