Shift4 Payments Announces Pricing of Secondary Offering of Class A Common Stock
Summary
ALLENTOWN, Pa.--(BUSINESS WIRE)--Shift4 Payments, Inc. (“Shift4”) (NYSE: FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced the pricing of the underwritten public offering of 8,000,000 shares of Shift4’s Class A common stock by certain selling stockholders (the “Secondary Offering”), at a price to the public of $55.50 per share. The underwriters will also have a 30-day option to purchase up to an additional 1,200,000 shares of Shift4’s Class A common stock from the selling stockholders. BofA Securities, Morgan Stanley, RBC Capital Markets and Evercore ISI are acting as joint book-running managers. A registration statement relating to the Secondary Offering was declared effective by the Securities and Exchange Commission on December 2, 2020. The company’s technologies help power over 350 software providers in numerous industries, including hospitality, retail, F&B, ecommerce, lodging, gaming, and many more.