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Red Violet prices $100M public offering of common stock at $60 per share

Company Fundamentals
05 Aug 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Red Violet, Inc. announced it priced an underwritten public offering of 1,666,667 shares of common stock at $60 each, raising gross proceeds of $100 million before fees. The offering is expected to close on August 7, 2026, with an option for underwriters to buy an additional 250,000 shares. The company plans to use the net proceeds for working capital, general corporate purposes, and potential strategic acquisitions. This move supports Red Violet's growth and operational funding needs as a leading analytics and information solutions provider.

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