Thryv Holdings Announces $75M Public Offering Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Thryv Holdings, Inc. (NASDAQ:THRY) has announced a $75 million public offering of its common stock to fund its acquisition of Infusion Software, Inc. RBC Capital Markets is managing the offering.
October 29, 2024 | 8:25 pm
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Thryv Holdings is conducting a $75 million public offering of common stock to fund its acquisition of Infusion Software. This could lead to short-term stock price fluctuations.
The public offering is intended to raise funds for an acquisition, which is a significant corporate action. The stock price may experience volatility due to the dilution effect of the new shares and market reactions to the acquisition news.
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