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First Advantage prices 12.5 million-share secondary offering at $22.20 per share

PUBT·08/11/2026 12:30:42
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First Advantage prices 12.5 million-share secondary offering at $22.20 per share
  • First Advantage priced an underwritten secondary offering of 12,500,000 common shares at USD 22.2 per share.
  • Shares are being sold by Silver Lake funds; First Advantage is not selling stock or receiving proceeds.
  • Offering is expected to close around Aug. 12, 2026, subject to customary conditions.
  • Selling stockholder agreed to a 30-day lock-up; up to 4,200,000 shares will be distributed to limited partners outside the lock-up.
  • J.P. Morgan Securities is acting as underwriter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Advantage Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608110830PRIMZONEFULLFEED9807645) on August 11, 2026, and is solely responsible for the information contained therein.