Workiva Prices Secondary Offering by Selling Stockholders
14 August 2019 - 2:40AM
Business Wire
Workiva Inc. (NYSE: WK) today announced the pricing of a public
secondary offering of an aggregate of 1,287,038 shares of Workiva’s
Class A common stock, par value $0.001 per share (the “common
stock”) by certain selling stockholders at $56.25 per share.
Workiva will not receive any proceeds from the sale of the common
stock by the selling stockholders. Certain of the selling
stockholders have granted the underwriter a 30-day option to
purchase up to an additional 193,000 shares of common stock. The
offering is expected to close on August 16, 2019, subject to
customary closing conditions.
Goldman Sachs & Co. LLC is acting as sole underwriter for
the offering. The offering is being made pursuant to an effective
shelf registration statement, previously filed with the Securities
and Exchange Commission (the “SEC”). The offering will be made only
by means of a prospectus supplement and a related prospectus,
copies of which, when available, may be obtained on the SEC’s
website at www.sec.gov or by contacting Goldman Sachs & Co. LLC
at (866) 471-2526 (toll free).
This press release does not constitute an offer to sell, nor is
it a solicitation of an offer to buy, nor shall there be any sale
of these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any state or any
jurisdiction.
About Workiva
Workiva, the leading provider of connected reporting and
compliance solutions, is used by thousands of enterprises across
180 countries, including more than 75 percent of Fortune 500®
companies, and by government agencies. Our customers have linked
over five billion data elements to trust their data, reduce risk
and save time. For more information about Workiva (NYSE:WK), please
visit workiva.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190813005801/en/
Investor Contact: Eileen Gannon Workiva Inc. (515) 663-4493
investor@workiva.com
Media Contact: Kevin McCarthy Workiva Inc. (515) 663-4471
press@workiva.com
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