First advantage announces secondary offering of common stock

Atlanta, nov. 08, 2021 (globe newswire) -- first advantage corporation (“first advantage”) (nasdaq: fa), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced that certain of its stockholders (the “selling stockholders”), including affiliates of silver lake group, l.l.c., intend to offer for sale in an underwritten secondary offering 15,000,000 shares of common stock of first advantage pursuant to a registration statement filed by first advantage with the u.s. securities and exchange commission (the “sec”). the selling stockholders expect to grant the underwriters in the offering a 30-day option to purchase up to an additional 2,250,000 shares of common stock. no shares are being sold by first advantage. the selling stockholders will receive all of the proceeds from this offering.
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