TaskUs Announces Launch of Secondary Offering of Class A Common Stock
October 18 2021 - 3:10PM
TaskUs, Inc. (“TaskUs”) announced today that certain of its
stockholders have commenced an underwritten public offering of
10,000,000 shares of TaskUs Class A common stock. In connection
with the offering, the selling stockholders intend to grant the
underwriters a 30-day option to purchase up to an additional
1,500,000 shares of Class A common stock.
TaskUs is not selling any shares of Class A common stock in the
offering and will not receive any of the proceeds from the sale.
TaskUs will bear the costs associated with the sale of such shares,
other than the underwriting discounts.
Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead
book-running managers for the offering.
The proposed public offering is being made only by means of a
prospectus. When available, copies of the preliminary prospectus
relating to the offering may be obtained from Goldman Sachs &
Co. LLC, Prospectus Department, 200 West Street, New York, New York
10282, telephone: 1-866-902-1171, facsimile: 1-212-902-9316 or by
emailing prospectus-ny@ny.email.gs.com; or J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, telephone: 1-212-834-4533 or by emailing
at prospectus-eq_fi@jpmchase.com.
A registration statement, including a prospectus, which is
preliminary and subject to completion, relating to these securities
has been filed with the Securities and Exchange Commission, but has
not yet become effective. These securities may not be sold, nor may
offers to buy be accepted, prior to the time that the registration
statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About TaskUs
TaskUs (NASDAQ: TASK) is a provider of outsourced digital
services and next-generation customer experience to innovative and
disruptive technology companies, helping its clients represent,
protect and grow their brands. Leveraging a cloud-based
infrastructure, TaskUs serves clients in the fastest-growing
sectors, including social media, e-commerce, gaming, streaming
media, food delivery and ridesharing, HiTech, FinTech and
HealthTech. As of June 30, 2021, TaskUs had approximately 31,500
employees across twenty locations in the United States, the
Philippines, India, Mexico, Taiwan, Greece, Ireland and
Colombia.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include all statements that are
not historical facts. In some cases, you can identify these
forward-looking statements by the use of words such as “outlook,”
“believes,” “expects,” “potential,” “continues,” “may,” “will,”
“should,” “could,” “seeks,” “predicts,” “intends,” “trends,”
“plans,” “estimates,” “anticipates” or the negative version of
these words or other comparable words. These forward-looking
statements include any statements regarding the proposed offering
of TaskUs Class A common stock. Such forward-looking statements are
subject to various risks and uncertainties. Accordingly, there are
or will be important factors that could cause actual outcomes or
results to differ materially from those indicated in these
statements. These factors include but are not limited to those
described under “Risk Factors” in the registration statement
relating to the public offering. These factors should not be
construed as exhaustive and should be read in conjunction with the
other cautionary statements that are included in the registration
statement. TaskUs undertakes no obligation to publicly update or
review any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as required
by law.
Contact
Alan KatzVP, Investor Relations alan.katz@taskus.com
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