Shift4 Payments Announces Pricing of Initial Public Offering

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Jun 05, 2020
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Shift4 Payments, Inc. (“Shift4”) (NYSE: FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced the pricing of its initial public offering of 15,000,000 shares of its Class A common stock at a public offering price of $23.00 per share. The underwriters will also have a 30-day option to purchase up to an additional 2,250,000 shares of Class A common stock at the initial public offering price less the underwriting discount and commissions. Concurrent with the initial public offering, Shift4 Founder & CEO Jared Isaacman has agreed to purchase in a private placement $100 million of Class C common stock at the initial public offering price less the underwriting discount and commissions.