Certara announces proposed public offering of common stock

Princeton, n.j., sept. 03, 2021 (globe newswire) -- certara, inc. (nasdaq: cert), a global leader in biosimulation, today announced a proposed underwritten public offering of 20,000,000 shares of its common stock pursuant to a registration statement filed with the securities and exchange commission. certara is offering 4,500,000 shares of common stock and certain selling stockholders are offering 15,500,000 shares of common stock in the offering. additionally, the selling stockholders intend to grant the underwriters a 30-day option to purchase up to 3,000,000 additional shares of common stock. certara intends to use the net proceeds from shares it is selling in the offering for general corporate purposes, including acquisitions. certara will not receive any proceeds from the sale of shares in the offering by the selling stockholders.
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