Take-Two Interactive Software prices public offering of 4.75 million shares at $225.00/share

From Nasdaq: 2025-05-20 23:32:00

Take-Two Interactive Software Inc. announced the pricing of an underwritten public offering of 4.75 million shares of its common stock at $225.00 per share. The company granted underwriters a 30-day option to purchase up to 712,500 additional shares. Net proceeds of approximately $1.04 billion will be used for general corporate purposes, including debt repayment and future acquisitions. If underwriters exercise their option in full, net proceeds would be approximately $1.19 billion. The offering is expected to close on May 22, 2025, with J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC as lead bookrunning managers. Wells Fargo Securities, BofA Securities, and BNP Paribas are joint bookrunning managers.



Read more at Nasdaq: Take-Two Interactive Software Prices Public Offering Of 4.75 Mln Shares At $225.00/shr