Benzinga | Jul 21, 2021 06:48AM EDT

CORRECTION: Shift4 Payments Late Tuesday Announced 1.79M Share Common Stock Offering, Also Announced Selling Shareholders Will Offer 5.2M Shares

Shift4 Payments, Inc. ("Shift4") (NYSE:FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced that it intends to offer 1,791,818 shares of its Class A common stock for sale in an underwritten public offering (the "Primary Offering"). Certain entities associated with Searchlight Capital Partners, L.P. (the "selling stockholders") also intend to offer 5,208,182 shares of Shift4's Class A common stock for sale in the offering (the "Secondary Offering" and, together with the Primary Offering, the "Offering"). Shift4 also intends to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Shift4's Class A common stock.