HomeFinTechDoubleVerify: Launches Initial Public Offering

DoubleVerify: Launches Initial Public Offering

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  • DoubleVerify Holdings launched its initial public offering of 13,333,335 shares of common stock at a price to the public of $27.00 per share
  • The company is also offering 8,627,452 shares and Providence VII U.S. Holdings L.P., and other existing stockholders are offering 4,705,883 shares
  • The shares of common stock also expected to begin trading on the New York Stock Exchange under the ticker symbol “DV” on April 21, 2021
  • The offering expected to close on April 23, 2021, subject to the satisfaction of customary closing conditions
  • The underwriters will have a 30-day option to purchase on a pro rata basis up to an additional 1,350,000 shares from DoubleVerify and up to an additional 650,000 shares from Providence
  • DoubleVerify also provides a software platform for digital media measurement and analytics used by hundreds of Fortune 500 advertisers to drive campaign quality and effectiveness
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