Secondary Public Offering of ADT Common Stock Priced
Secondary offering designed to improve liquidity in publicly traded common stock
Long-term shareholder Apollo to own 80% of ADT’s common stock following the Offering
The underwriters will have a 30-day option to purchase up to an additional 6,500,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from Morgan Stanley, Attention: Prospectus Department,
A registration statement relating to these securities has been filed with the
ADT is a leading provider of security, automation, and smart home solutions serving consumer and business customers through more than 300 locations, 9 owned and operated monitoring centers, and the largest network of security professionals in
The Company has made statements in this press release and other reports, filings, and other public written and verbal announcements that are forward-looking and therefore subject to risks and uncertainties. All statements, other than statements of historical fact, included in this document are, or could be, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are made in reliance on the safe harbor protections provided thereunder. These forward-looking statements relate to, among other things, our recently executed long-term, strategic partnership with
ADT Investor Relations
Source: ADT Inc.