{"id":3410,"date":"2020-07-17T14:44:41","date_gmt":"2020-07-17T18:44:41","guid":{"rendered":"https:\/\/dyedurham.com\/?p=3410"},"modified":"2025-12-04T05:14:35","modified_gmt":"2025-12-04T10:14:35","slug":"dye-durham-closes-150m-ipo-and-secondary-offering","status":"publish","type":"post","link":"https:\/\/dyedurham.com\/dye-durham-closes-150m-ipo-and-secondary-offering\/","title":{"rendered":"Closing of $150M IPO | Dye &#038; Durham"},"content":{"rendered":"<p>Dye &amp; Durham Corporation (the \u201cOperating Subsidiary\u201d), a leading provider of cloud-based software and technology solutions, designed to improve efficiency and increase productivity for legal and business professionals, announced today the successful closing of its previously announced initial public offering and secondary offering (the \u201cOffering\u201d) of common shares of the Company (\u201cCommon Shares\u201d, and each a \u201cCommon Share\u201d). Pursuant to the Offering, Dye &amp; Durham issued 17,000,000 Common Shares and certain selling shareholders (the \u201cSelling Shareholders\u201d) sold an aggregate of 3,000,000 Common Shares for a total aggregate of 20,000,000 Common Shares at a price of $7.50 per Common Share for total gross proceeds of $150 million, with Dye &amp; Durham and the Selling Shareholders receiving gross proceeds of $127.5 million and $22.5 million, respectively.<\/p>\n<p><a href=\"https:\/\/privatecapitaljournal.com\/dye-durham-closes-150m-ipo-and-secondary-offering-and-stock-up-75-on-tsx\/\" target=\"_blank\" rel=\"noopener\">Read full Press Release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dye &amp; Durham Corporation (the \u201cOperating Subsidiary\u201d), a leading provider of cloud-based software and technology solutions, designed to improve efficiency and increase productivity for legal and business professionals, announced today&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[12],"class_list":["post-3410","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Closing of $150M IPO | Dye &amp; 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