--- title: "Red Violet shares slide after pricing 1.67M share offering at $60.00/share to raise $100M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295069068.md" description: "Red Violet priced an underwritten public offering of 1.67 million shares at $60 per share, raising $100 million. Shares slid 9.2% to $62 in after-hours trading. The deal closes August 7, 2026, with a 30-day option for up to 250,000 additional shares. Proceeds will fund working capital, general corporate purposes, and potential strategic acquisitions." datetime: "2026-08-06T07:16:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295069068.md) - [en](https://longbridge.com/en/news/295069068.md) - [zh-HK](https://longbridge.com/zh-HK/news/295069068.md) generator: "portal-rs" --- # Red Violet shares slide after pricing 1.67M share offering at $60.00/share to raise $100M ### Related Stocks - [RDVT.US](https://longbridge.com/en/quote/RDVT.US.md) ## Related News & Research - [BUZZ-Red Violet falls after beginning share offering](https://longbridge.com/en/news/295011870.md) - [Red Violet director William Paul Livek buys 2,000 common shares for $142,980](https://longbridge.com/en/news/297229944.md) - [Mapping the Market: Mind the gap in US oil as Iran tensions escalate](https://longbridge.com/en/news/298712793.md) - [Kontron board member Hannes Niederhauser buys 3,000 shares at EUR 20.68](https://longbridge.com/en/news/298697221.md) - [Gas stations in US max out their displays with $9.999 prices](https://longbridge.com/en/news/298644037.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**