Informatica Announces Launch of Secondary Public Offering of Common Stock
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Informatica has announced a secondary public offering of 16 million shares of its Class A common stock by certain funds associated with Permira and Canada Pension Plan Investment Board.
November 07, 2024 | 10:15 pm
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Informatica is conducting a secondary public offering of 16 million shares, which could impact its stock price due to increased supply.
The secondary offering increases the supply of Informatica's shares in the market, which could lead to a short-term decrease in stock price as the market absorbs the additional shares.
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