Several companies have announced secondary public offerings of common stock. Alkami Technology, Inc. announced an offering of 7.5 million shares, resulting in a pre-market drop of 4.8%. Informatica priced a secondary offering of 16 million shares at $25.50 each, facilitated by funds affiliated with Permira and Canada Pension Plan, leading to a 5.5% pre-market decline. Corebridge Financial, a subsidiary of AIG, announced a 30 million share offering priced at USD 31.20, causing a 2.9% pre-market drop. GE HealthCare Technologies priced a secondary offering of 13,281,302 shares. Valley National Bancorp announced a 42.78 million share offering priced at $9.35, resulting in a 4.3% pre-market decline. Travere Therapeutics priced a 7.81 million share offering at $16 per share, leading to a 5.4% pre-market decline.
$AIG $CRBG Corebridge Announced offering of 30mln shares of common stock for holder American International Group 30mln share spot secondary priced at USD 31.20.
$VLY Valley National Bancorp Announced common stock offering, no amount given - 42.8mln share spot secondary priced at 9.35.
$VLY (-4.3% pre) Valley National Bancorp (VLY) Prices 42.78M Share Offering at $9.35/sh - SI https://t.co/5XjpXBRTDY