Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • July
  • Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 billion
  • Business

Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 billion

Editor July 27, 2024

(Reuters) – Nasdaq said on Friday private equity firm Thoma Bravo will sell 41.6 million shares in the exchange operator through a secondary public offering.

Based on Nasdaq’s last close, the offering will raise $2.79 billion for its top shareholder Thoma Bravo.

Nasdaq shares fell 2.7% after the bell.

The offering will reduce Thoma Bravo’s stake in Nasdaq to 7.4% from nearly 14.9%.

Nasdaq said Thoma Bravo’s remaining shares in the company will be subject to an existing contractual lock-up until May 1, 2025.

Goldman Sachs is the sole book-running manager for the offering.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Devika Syamnath)

Continue Reading

Previous: Exclusive-Walmart looks to bet $200 million on autonomous forklifts -sources
Next: Michigan state pension fund makes $6.6 million bitcoin ETF investment

Related Stories

2025-07-09T153930Z_2_LYNXMPEL680QD_RTROPTP_4_SAUDI-ARAMCO-POWER-PLANTS
  • Business

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Editor July 9, 2025
2025-07-07T042911Z_3_LYNXMPEL6601M_RTROPTP_4_USA-TRUMP
  • Business

Trump says alignment with BRICS’ ‘anti-American policies’ to invite additional 10% tariffs

Editor July 7, 2025
2025-07-07T134257Z_1_LYNXMPEL660JP_RTROPTP_4_TESLA-STOCKS
  • Business

Tesla short sellers set to pocket about $1.4 billion in profits after stock slump

Editor July 7, 2025

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Copper glut driven by tariff threat to deflate US price bubble
  • Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
  • Nvidia becomes first company to hit $4 trillion in market value
  • Trump administration to subpoena Harvard for information on foreign students
  • Analysis-Copper glut driven by tariff threat to deflate US price bubble

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections

You may have missed

  • Newsletters

Copper glut driven by tariff threat to deflate US price bubble

Editor July 9, 2025
2025-07-09T153930Z_2_LYNXMPEL680QD_RTROPTP_4_SAUDI-ARAMCO-POWER-PLANTS
  • Business

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Editor July 9, 2025
2025-07-09T143503Z_1_LYNXMPEL680O8_RTROPTP_4_NVIDIA-RESULTS

Nvidia becomes first company to hit $4 trillion in market value

Editor July 9, 2025
2025-07-09T135607Z_2_LYNXMPEL680MC_RTROPTP_4_USA-TRUMP-HARVARD-CANADA

Trump administration to subpoena Harvard for information on foreign students

Editor July 9, 2025
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Options Trading Report | optionstradingreport.com