NEW
YORK, Dec. 4, 2023 /PRNewswire/ -- Integral Ad
Science Holding Corp. (Nasdaq: IAS), a leading global media
measurement and optimization platform, today announced the
commencement of a public offering of its common stock by investment
funds affiliated with Vista Equity Partners (the "Selling
Stockholders"). The Selling Stockholders are offering 11,000,000
shares of IAS's common stock pursuant to a registration statement
on Form S-3 (the "Registration Statement") filed with the
Securities and Exchange Commission (the "SEC") on May 9, 2023. The Selling Stockholders intend to
grant the underwriters a 30-day option to purchase up to an
additional 1,650,000 shares of IAS's common stock from the Selling
Stockholders.
IAS is not selling any shares of common stock in this offering
and will not receive any proceeds from the sale of shares by the
Selling Stockholders, but will bear the costs associated with the
sale of such shares, other than any underwriting discounts and
commissions.
Goldman Sachs & Co. LLC is acting as underwriter of the
offering.
The Registration Statement on Form S-3 relating to these
securities has been filed with the SEC and became effective upon
such filing. The offering will be made only by means of a
prospectus and an accompanying prospectus supplement. Before
investing, prospective investors should read the prospectus, any
accompanying prospectus supplement and the documents incorporated
by reference therein for more complete information. A copy of the
prospectus and any prospectus supplement relating to this offering
may be obtained, when available, by visiting the SEC's website at
www.sec.gov. Alternatively, copies of the prospectus and prospectus
supplement relating to the offering may be obtained if you request
it by contacting: Goldman Sachs & Co. LLC, Attn: Prospectus
Department, 200 West Street, New York,
New York 10282, or by telephone at 1-866-471-2526, facsimile
at 212-902-9316 or by email at prospectus-ny@ny.email.gs.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.
About Integral Ad Science
Integral Ad Science (IAS) is a leading global media
measurement and optimization platform that delivers the industry's
most actionable data to drive superior results for the world's
largest advertisers, publishers, and media platforms. IAS's
software provides comprehensive and enriched data that ensures ads
are seen by real people in safe and suitable environments, while
improving return on ad spend for advertisers and yield for
publishers. Our mission is to be the global benchmark for trust and
transparency in digital media quality.
Note Regarding Forward-Looking Statements
Any statements made in this press release that are not
statements of historical fact, including statements about our
beliefs and expectations, including statements related to the
offering, are forward-looking statements and should be evaluated as
such. Forward-looking statements include information concerning
possible or assumed future results of operations, including our
financial outlook and descriptions of our business plan and
strategies. Forward-looking statements are based on IAS
management's beliefs, as well as assumptions made by, and
information currently available to, them. You can identify
forward-looking statements by the fact that they do not relate
strictly to historical or current facts. These statements may
include words such as "anticipate," "estimate," "expect,"
"project," "plan," "intend," "believe," "may," "will," "should,"
"can have," "likely," and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
operating or financial performance or other events. Because
forward-looking statements are based on expectations as to future
events and are not statements of fact, actual results may differ
materially from those projected. Therefore, you should not rely on
any of these forward-looking statements. Important factors that
could cause actual results to differ materially from those
indicated in the forward-looking statements related to the offering
include risks and uncertainties related to the satisfaction of
customary closing conditions. Additional risks and uncertainties
related to the offering, IAS and our business can be found under
the heading "Risk Factors" in the documents of IAS on file with the
SEC, including the risk factors discussed throughout the "Risk
Factors" section of our prospectus forming a part of the Form
S-3ASR filed on May 9, 2023, and our
Annual Report on Form 10-K filed on March 2,
2023 with the SEC, as such factors may be updated from time
to time in periodic filings made by IAS with the SEC.
Any forward-looking statement made by us in this release is
based only on information currently available to us and speaks only
as of the date on which it is made. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise, except as
required by law.
Contact Information:
Investor Contact:
Jonathan Schaffer / Lauren Hartman
ir@integralads.com
Media Contact:
press@integralads.com
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SOURCE Integral Ad Science, Inc.