Certara announces secondary offering

Princeton, n.j., aug. 11, 2022 (globe newswire) -- certara, inc. (nasdaq: cert) (“certara”), a global leader in biosimulation, today announced the sale by certain stockholders (the “selling stockholders”), including eqt avatar parent l.p., in an underwritten secondary offering of 7,000,000 shares of common stock of certara pursuant to a registration statement filed by certara with the u.s. securities and exchange commission (the “sec”). in connection with the offering, the selling stockholders have granted the underwriter a 30-day option to purchase up to 1,050,000 additional shares. no shares are being sold by certara. the selling stockholders will receive all of the proceeds from this offering. the last reported sale price of certara's common stock on august 11, 2022 was $20.19. closing of the offering is expected to occur on or about august 16, 2022, subject to customary closing conditions.
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