|
|
||||||||||||||||||||||||||||||||||||||||||||||||||
By The Online Investor Staff, updated Mon., Aug. 10, 11:07 PM
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
Secondary Stock Offerings| This Slide: #3 of 25 |
Slide #3. 2U, Inc. — Secondary Offering
Company:
2U, Inc. (NASDAQ:TWOU)
Date announced:
8/5/2020
Shares Offered:
6,800,000
Date of Pricing:
8/6/2020
Price Per Share:
$45.50
Secondary Offering Details:
2U, Inc. (Nasdaq: TWOU) ("2U"), a global leader in education technology, today announced that it is commencing a registered public offering of $300,000,000 of its common stock. In connection with the offering, 2U intends to grant the underwriter a 30-day option to purchase up to $45,000,000 of additional shares of common stock. -updated 8/6- 2U, Inc. (Nasdaq: TWOU) ("2U"), a global leader in education technology, today announced the pricing of an underwritten public offering of 6,800,000 shares of its common stock at a price to the public of $45.50 per share. In addition, 2U has granted the underwriters a 30-day option to purchase up to an additional 1,020,000 shares of common stock from 2U at the public offering price, less the underwriting discount. The offering is expected to close on or about August 10, 2020, subject to customary closing conditions.
2U is provider of education technology for nonprofit colleges and universities. Co. builds, delivers, and supports digital and in-person educational offerings, including graduate degrees, undergraduate degrees, professional certificates, boot camps, and short courses, across the career curriculum continuum. In its Graduate Program Segment, Co. provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. In its Alternative Credential Segment, Co. provides online short courses and technical, skills-based boot camps through relationships with nonprofit colleges and universities.
TWOU SEC Filing Email Alerts Service
Open the TWOU Page at The Online Investor »
|
|||||||||||||||||||||
Open the TWOU Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Buy (3.42 out of 4) 59th percentile
(ranked higher than approx. 59% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.