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Stock impact report

MeridianLink Announces Launch of Proposed Secondary Offering of Common Stock [Yahoo! Finance]

MeridianLink, Inc. (MLNK) 
US:NASDAQ Investor Relations: investor.moduslink.com
Company Research Source: Yahoo! Finance
COSTA MESA, Calif., September 26, 2024 BUSINESS WIRE )--MeridianLink, Inc. (the "Company") (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has launched an underwritten secondary public offering of 6,000,000 shares (the "Firm Shares") of its common stock (the "Offering") by certain funds managed by Thoma Bravo, L.P. (the "Selling Stockholders"). In addition, the Selling Stockholders intend to grant 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. J.P. Morgan Securities LLC is acting as the underwriter and sole book-running manager for the proposed offering. The underwriter proposes to offer the shares of common stock from time to time to purcha Show less Read more
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