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First Advantage Announces Pricing of Secondary Offering of Common Stock

FA
  • First Advantage Corporation announced the pricing of a secondary offering of 15,000,000 common shares by Silver Lake Group investment funds at $21.80 per share.
  • First Advantage will not sell any shares & will not receive any proceeds from the transaction; the Selling Stockholder will receive all proceeds.
  • The offering is expected to close on or about November 12, 2026, subject to customary closing conditions.
  • Barclays Capital Inc. & J.P. Morgan Securities LLC are acting as the underwriters for the offering.
  • A registration statement on Form S-3 relating to the securities has been filed with the SEC & has become effective.
  • Copies of the prospectus supplement & accompanying prospectus are available via Barclays Capital Inc., J.P. Morgan Securities LLC, or the SEC website.
  • The press release contains forward-looking statements subject to risks & uncertainties detailed in First Advantage's SEC filings.
  • First Advantage is a global software & data company providing identity solutions, background screening, credential verifications, drug & health screening, & continuous risk monitoring.
  • The company serves over 80,000 customers worldwide, including approximately two-thirds of the Fortune 100, & conducts more than 200 million screens annually.
Company
First Advantage Corporation
Keywords
Nasdaq:FA, First Advantage Corporation, First Advantage, Background Screening, Identity Verification, HR Technology