Dynatrace Announces Pricing of Follow-On Offering By Selling Stockholders
Dynatrace, Inc. (DT)
Last dynatrace, inc. earnings: 1/29 06:00 am
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US:NYSE Investor Relations:
telekom.com/en/investor-relations
Company Research
Source: Business Wire
WALTHAM, Mass.--(BUSINESS WIRE)--Software intelligence company, Dynatrace, Inc. (NYSE: DT), today announced the pricing of an underwritten public offering of 25,000,000 shares of common stock by certain selling stockholders of Dynatrace at a public offering price of $34.50 per share. In addition, such selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on February 25, 2020, subject to customary closing conditions.Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint lead book-running managers for the offering. RBC Capital Markets, LLC, BofA Securities, Barclays Capital Inc., UBS Securities LLC and Jefferies LLC are also acting as book-running managers. Canaccord Genuity LLC, William Blair & Company, L.L.C., BTIG, LLC, JMP Securities LLC, KeyBanc Capital Market
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