MeridianLink Announces Pricing of Secondary Offering of Common Stock
September 26 2024 - 11:49PM
Business Wire
MeridianLink, Inc. (the “Company”) (NYSE: MLNK), a leading
provider of modern software platforms for financial institutions
and consumer reporting agencies, today announced the pricing of the
previously announced underwritten secondary offering of 6,000,000
shares of its common stock (the “Offering”) by certain funds
managed by Thoma Bravo, L.P. (the “Selling Stockholders”). The
Selling Stockholders have granted the underwriter a 30-day option
to purchase up to an additional 900,000 shares of common stock. The
Offering consists entirely of shares to be sold by the Selling
Stockholders, and the Company will not receive any proceeds from
the sale of the shares being offered by the Selling Stockholders.
The Offering is expected to close on September 30, 2024, subject to
customary closing conditions.
J.P. Morgan Securities LLC is acting as the underwriter and sole
book-running manager for the Offering.
The underwriter proposes to offer the shares of common stock
from time to time to purchasers directly or through agents, or
through brokers in brokerage transactions on the New York Stock
Exchange, or to dealers in negotiated transactions or in a
combination of such methods of sale, at market prices prevailing at
the time of sale, at prices related to such prevailing market
prices or at negotiated prices, subject to its right to reject any
order in whole or in part.
The Offering is being made pursuant to an effective shelf
registration statement on Form S-3 (Registration No. 333-276336),
which was filed with the Securities and Exchange Commission (“SEC”)
on December 29, 2023 and became effective on January 8, 2024,
including the base prospectus and a final prospectus supplement
expected to be filed on September 27, 2024. You may get these
documents for free, including the prospectus supplement, once
available, by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, copies of the prospectus supplement, once available,
and the accompanying base prospectus may be obtained by contacting:
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717 or by email at
prospectus-eq_fi@jpmchase.com and
postsalemanualrequests@broadridge.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy these securities, nor shall there
be any offer or sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the
securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements which are not historical
facts and are considered forward-looking within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Generally,
these statements can be identified by the use of words such as
“anticipates,” “believes,” “estimates,” “expects,” “intends,”
“may,” “plans,” “projects,” “seeks,” “should,” “will,” and
variations of such words or similar expressions, although not all
forward-looking statements contain these identifying words.
Further, statements describing our strategy, outlook, guidance,
plans, intentions, or goals are also forward-looking statements.
These forward-looking statements reflect our predictions,
expectations, or forecasts, including, but not limited to,
statements regarding the closing of the Offering on the anticipated
terms or at all. Actual results may differ materially from those
described in the forward-looking statements and will be affected by
a variety of risks and factors that are beyond our control
including, without limitation, changes in market and economic
condition and in the selling stockholders’ plan of Offering, as
well as those risks set forth in Item 1A. Risk Factors, or
elsewhere, in our Annual Report on Form 10-K for the fiscal year
ended December 31, 2023, any updates in our Quarterly Reports on
Form 10-Q filed for periods subsequent to such Form 10-K, and our
other SEC filings, including the prospectus and prospectus
supplement pursuant to which the Offering will be made. These
forward-looking statements are based on reasonable assumptions as
of the date hereof. The plans, intentions, or expectations
disclosed in our forward-looking statements may not be achieved,
and you should not rely upon forward-looking statements as
predictions of future events. We undertake no obligation, other
than as required by applicable law, to update any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240926577970/en/
Investor Relations Contact Gianna Rotellini (714)
332-6357 InvestorRelations@meridianlink.com
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