UL Solutions prices secondary offering at $78 per share

UL Solutions Inc. (NYSE: ULS) announced the pricing of a secondary public offering of 12.5 million shares of Class A common stock at $78.00 per share. The offering consists entirely of shares sold by UL Standards & Engagement, a selling stockholder.

The company will not offer any shares and will not receive proceeds from the sale. Underwriters have a 30-day option to purchase up to an additional 1.875 million shares from the selling stockholder at the public offering price, minus underwriting discounts and commissions.

The offering is expected to close on December 5, 2025, subject to customary closing conditions.

Goldman Sachs & Co. LLC and J.P. Morgan serve as lead managing bookrunners, with BofA Securities acting as managing bookrunner. Jefferies, UBS Investment Bank and BNP Paribas are additional bookrunners. Multiple firms including Baird, BTIG, Houlihan Lokey, Loop Capital Markets, PNC Capital Markets LLC, Raymond James, Stifel, William Blair, AmeriVet Securities, Bancroft Capital, Cabrera Capital Markets LLC and R. Seelaus & Co., LLC serve as co-managers.

Jefferies acted as capital markets advisor to the selling stockholder. The offering is being made under a shelf registration statement filed with the Securities and Exchange Commission that became effective on August 5, 2025.

UL Solutions provides testing, inspection and certification services along with software products and advisory offerings to customers in more than 110 countries.

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