NEW
YORK, Dec. 5, 2023 /PRNewswire/ -- Integral Ad
Science Holding Corp. (Nasdaq: IAS), a leading global media
measurement and optimization platform, today announced the pricing
of an underwritten offering of 11,000,000 shares of its common
stock by investment funds affiliated with Vista Equity Partners
(the "Selling Stockholders") at a price to the public of
$14.00 per share. The offering is
expected to close on December 7,
2023, subject to the satisfaction of customary closing
conditions. The underwriters will have 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 the 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 and expected settlement date, 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.