i3 Verticals, Inc. (IIIV) Prices 6.65M Share IPO at $13/Sh

i3 Verticals, Inc. (NASDAQ: IIIV) today announced the pricing of its initial public offering of 6,650,000 shares of Class A common stock at $13.00 per share. All the shares of Class A common stock are being offered by the Company. The Company has granted the underwriters a 30-day option to purchase up to an additional 997,500 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions, to cover overallotments. The shares are expected to begin trading on The Nasdaq Global Select Market on June 21, 2018, under the ticker symbol “IIIV.” The offering is expected to close on June 25, 2018, subject to customary closing conditions.

Cowen and Raymond James are serving as joint book-running managers and as representatives of the underwriters for the offering. KeyBanc Capital Markets is acting as a bookrunner for the offering.

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