Viant Technology Inc. Announces Pricing of Upsized Initial Public Offering
February 09 2021 - 7:42PM
Viant Technology Inc. (NASDAQ:DSP) today announced the pricing of
its upsized initial public offering of 10,000,000 shares of Class A
common stock at a price to the public of $25.00 per share.
Viant Technology is offering 10,000,000 shares of Class A common
stock in the offering. Existing stockholders of Viant Technology
have granted the underwriters a 30-day option to purchase up to
1,500,000 shares of Class A common stock at the initial public
offering price, less underwriting discounts. The Company will not
receive any proceeds from the sale of the shares by the selling
stockholders.
The shares are expected to begin trading on the Nasdaq Global
Select Market on Wednesday, February 10, 2021 under the ticker
symbol “DSP.” The offering is expected to close on February 12,
2021, subject to customary closing conditions.
BofA Securities and UBS Investment Bank are acting as
book-running managers for the proposed offering. Canaccord Genuity,
JMP Securities, Needham & Company and Raymond James are acting
as co-managers for the proposed offering.
The offering of these securities is being made only by means of
a prospectus. Copies of the final prospectus relating to the
offering may be obtained, when available, from: BofA Securities,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC
28255-0001, Attn: Prospectus Department, or via email:
dg.prospectus_requests@bofa.com; or UBS Investment Bank, Attn:
Prospectus Department, 25th Floor, 1285 Avenue of the Americas, New
York, NY 10019, by calling 1-888-827-7275, or by email at
ol-prospectusrequest@ubs.com.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
February 9, 2021. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Viant
Viant® is a leading people-based advertising software company
that enables marketers and their advertising agencies to plan, buy
and measure their advertising across most channels. Its
self-service DSP for omnichannel advertising, Adelphic®, provides
the ability to execute programmatic advertising campaigns across
desktop, mobile, connected TV, linear TV, streaming audio and
digital billboards.
Source: Viant Technology
Press Contact:Jon Schulzjschulz@viantinc.com313.850.4803
Investor Contact:The Blueshirt GroupNicole BorsjeMaili
Bergmaninvestors@viantinc.com
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