Intercontinental Exchange, Inc. Announces Secondary Offering by Selling Stockholder Related to Ellie Mae Acquisition
November 04 2020 - 4:00PM
Business Wire
Intercontinental Exchange (NYSE: ICE), a leading operator of
global exchanges and clearing houses and provider of mortgage
technology, data and listings services, announced today that Cyprus
Parent, LP, an entity controlled by Thoma Bravo and formerly known
as Ellie Mae Parent, LP (the “selling stockholder”), intends to
offer for sale in an underwritten secondary offering 9,180,569
shares of ICE’s common stock pursuant to ICE’s shelf registration
statement filed with the Securities and Exchange Commission (SEC).
The shares being offered were originally issued to the selling
stockholder in connection with the acquisition of Ellie Mae, Inc.,
which ICE completed on September 4, 2020.
ICE is not selling any shares and will not receive any proceeds
from this offering.
Morgan Stanley & Co. LLC will act as the underwriter for the
offering.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor will there be
any sale of any securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
ICE has filed a registration statement (including a prospectus)
and will file a final prospectus supplement with the SEC for the
offering to which this communication relates. You may obtain these
documents for free by visiting EDGAR on the SEC website at:
www.sec.gov. Alternatively, copies of the final prospectus
supplement and accompanying prospectus relating to the offering,
when available, may be obtained from: Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, New York 10014.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company
and provider of marketplace infrastructure, data services and
technology solutions to a broad range of customers including
financial institutions, corporations and government entities. We
operate regulated marketplaces, including the New York Stock
Exchange, for the listing, trading and clearing of a broad array of
derivatives contracts and financial securities across major asset
classes. Our comprehensive data services offering supports the
trading, investment, risk management and connectivity needs of
customers around the world and across asset classes. As a leading
technology provider for the U.S. residential mortgage industry, ICE
Mortgage Technology provides the technology and infrastructure to
transform and digitize U.S. residential mortgages, from application
and loan origination through to final settlement.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock
Exchange.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release that are not
historical facts are “forward-looking statements” that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see ICE's
Securities and Exchange Commission (SEC) filings, including, but
not limited to, the risk factors in ICE’s Annual Report on Form
10-K for the year ended December 31, 2019, as filed with the SEC on
February 6, 2020 and Quarterly Reports on Form 10-Q for the
quarters ended March 31, 2020, June 30, 2020 and September 30,
2020, as filed with the SEC on April 30, 2020, July 30, 2020 and
October 29, 2020, respectively.
SOURCE: Intercontinental Exchange
ICE-CORP
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version on businesswire.com: https://www.businesswire.com/news/home/20201104005688/en/
ICE Investor Relations Contact: Warren Gardiner +1 770 835 0114
warren.gardiner@theice.com investors@theice.com
ICE Media Contact: Josh King +1 212 656 2490
josh.king@theice.com media@theice.com
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