Thryv Prices Secondary Equity Offering By Selling Stakeholder at 4.1% Discount

Thryv Holdings Inc’s THRY certain selling stockholders priced 4.2 million shares at $23.5 per share in an upsized secondary public offering. The offering was upsized from the previous 3.5 million shares.
The offer price signifies a 4.1% discount to Thryv’s Wednesday closing price of $24.51.
The underwriters have 30 days to procure additional shares up to 0.64 million.
Thryv will not receive any proceeds from the shares.
Price action: THRY shares closed lower by 2.82% at $24.51 on Wednesday.