MeridianLink Announces Launch of Proposed Secondary Offering of Common Stock
September 26 2024 - 3:32PM
Business Wire
MeridianLink, Inc. (the “Company”) (NYSE: MLNK), a leading
provider of modern software platforms for financial institutions
and consumer reporting agencies, today announced that it has
launched an underwritten secondary public offering of 6,000,000
shares (the "Firm Shares") of its common stock (the “Offering”) by
certain funds managed by Thoma Bravo, L.P. (the “Selling
Stockholders”). In addition, the Selling Stockholders intend to
grant the underwriter a 30-day option to purchase up to an
additional 900,000 shares of common stock. The Offering consists
entirely of shares to be sold by the Selling Stockholders, and the
Company will not receive any proceeds from the sale of the shares
being offered by the Selling Stockholders.
J.P. Morgan Securities LLC is acting as the underwriter and sole
book-running manager for the proposed offering.
The underwriter proposes to offer the shares of common stock
from time to time to purchasers directly or through agents, or
through brokers in brokerage transactions on the New York Stock
Exchange, or to dealers in negotiated transactions or in a
combination of such methods of sale, at market prices prevailing at
the time of sale, at prices related to such prevailing market
prices or at negotiated prices, subject to its right to reject any
order in whole or in part.
The Offering is being made pursuant to an effective shelf
registration statement on Form S-3 (Registration No. 333-276336),
which was filed with the Securities and Exchange Commission (“SEC”)
on December 29, 2023 and became effective on January 8, 2024,
including a base prospectus and final prospectus supplement. Before
you invest, you should read the prospectus in the registration
statement and the other documents the Company has filed or will
file with the SEC for more complete information about the Company
and this Offering. You may get these documents for free, including
the prospectus supplement, once available, by visiting EDGAR on the
SEC website at www.sec.gov. Alternatively, copies of the prospectus
supplement, once available, and the accompanying base prospectus
may be obtained by contacting: J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717 or by email at prospectus-eq_fi@jpmchase.com and
postsalemanualrequests@broadridge.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy these securities, nor shall there
be any offer or sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the
securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements which are not historical
facts and are considered forward-looking within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Generally,
these statements can be identified by the use of words such as
“anticipates,” “believes,” “estimates,” “expects,” “intends,”
“may,” “plans,” “projects,” “seeks,” “should,” “will,” and
variations of such words or similar expressions, although not all
forward-looking statements contain these identifying words.
Further, statements describing our strategy, outlook, guidance,
plans, intentions, or goals are also forward-looking statements.
These forward-looking statements reflect our predictions,
expectations, or forecasts, including, but not limited to,
statements regarding the Offering and its anticipated terms. Actual
results may differ materially from those described in the
forward-looking statements and will be affected by a variety of
risks and factors that are beyond our control including, without
limitation, changes in market and economic condition and in the
selling stockholders’ plan of Offering, as well as those risks set
forth in Item 1A. Risk Factors, or elsewhere, in our Annual Report
on Form 10-K for the fiscal year ended December 31, 2023, any
updates in our Quarterly Reports on Form 10-Q filed for periods
subsequent to such Form 10-K, and our other SEC filings, including
the prospectus and prospectus supplement pursuant to which the
Offering will be made. These forward-looking statements are based
on reasonable assumptions as of the date hereof. The plans,
intentions, or expectations disclosed in our forward-looking
statements may not be achieved, and you should not rely upon
forward-looking statements as predictions of future events. We
undertake no obligation, other than as required by applicable law,
to update any forward-looking statements, whether as a result of
new information, future events, or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240926601999/en/
Investor Relations Contact Gianna Rotellini (714)
332-6357 InvestorRelations@meridianlink.com
MeridianLink (NYSE:MLNK)
Historical Stock Chart
From Oct 2024 to Nov 2024
MeridianLink (NYSE:MLNK)
Historical Stock Chart
From Nov 2023 to Nov 2024