CyberArk Announces Secondary Offering of Ordinary Shares
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CyberArk has announced a secondary offering of 1,142,538 ordinary shares by Triton Seller, LP, an affiliate of Thoma Bravo, L.P. This offering is underwritten and involves shares of CyberArk, a leader in identity security.
December 05, 2024 | 10:00 pm
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CyberArk is conducting a secondary offering of 1,142,538 shares through Triton Seller, LP, an affiliate of Thoma Bravo. This could impact the stock price due to increased share availability.
The secondary offering increases the number of shares available in the market, which can lead to a decrease in stock price due to dilution. The involvement of a significant shareholder like Triton Seller, LP, adds importance to the event.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100