Financing ·
Silver Lake sells 12.5M shares at $22.20 in underwritten secondary offering
FAFirst Advantage Corp
First Advantage Corporation filed a Current Report on Form 8-K announcing the closing of an underwritten secondary offering of its common stock. The transaction involved the sale of 12,500,000 shares by Silver Lake Group, L.L.C. and its affiliates at a public price of $22.20 per share. J.P. Morgan Securities LLC acted as the underwriter for the offering, which closed on August 12, 2026. First Advantage did not sell any shares in this transaction and will not receive any proceeds from the sale; all proceeds were retained by the Selling Stockholder. The company operates in the global software and data industry, providing identity solutions, background screening, and risk monitoring services.