OneStream Announces Pricing of Secondary Offering of Class A Common Stock
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OneStream, Inc. announced the pricing of a secondary offering of 15 million shares of Class A common stock at $31 per share. The offering includes shares sold by both selling stockholders and OneStream in a non-dilutive synthetic secondary transaction.
November 15, 2024 | 2:45 am
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NEUTRAL IMPACT
OneStream has announced a secondary offering of 15 million shares at $31 each. This includes a non-dilutive synthetic secondary transaction, which may impact stock liquidity and market perception.
The secondary offering is significant as it involves a large number of shares, which could impact liquidity and investor perception. However, the non-dilutive nature of the synthetic secondary transaction means existing shareholders' stakes are not diluted, which may mitigate negative impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100