DoubleVerify Announces Closing of Secondary Offering

DoubleVerify Holdings, Inc. announced the closing of an underwritten secondary public offering of 9,200,000 shares of its common stock by Providence VII U.S. Holdings L.P. and other existing stockholders of DoubleVerify at a price to the public of $31.25 per share, which includes the full exercise of the underwriters’ option to purchase 1,200,000 additional shares. DoubleVerify did not receive any proceeds from the sale of shares in the offering.

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J.P. Morgan and Goldman Sachs & Co. LLC acted as joint lead bookrunning managers for the secondary offering. Barclays, RBC Capital Markets and Truist Securities acted as joint bookrunning managers for the offering. William Blair, KeyBanc Capital Markets, BMO Capital Markets, Canaccord Genuity, JMP Securities, Needham & Company and Loop Capital Markets acted as co-managers for the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

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