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.
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