Red Violet, Inc. closed an underwritten public offering of 1,916,667 shares of common stock on August 7, 2026, including the full exercise of the underwriters' option to purchase an additional 250,000 shares. The shares were sold at a public offering price of $60.00 per share, generating gross proceeds of approximately $115 million and net proceeds of approximately $108.6 million after deducting underwriting discounts and estimated offering expenses. Raymond James & Associates, Inc. and Needham & Company, LLC served as joint book-running managers for the transaction. The company intends to use the net proceeds for working capital, general corporate purposes, and potential strategic acquisitions. Red Violet operates in the analytics and information solutions industry, providing identity intelligence technologies.
