ICE completes placement of 5,669,002 shares in secondary offering - FinanceFeeds

ICE completes placement of 5,669,002 shares in secondary offering

Institutional technology provider and group of multinational exchanges and clearing house operator Intercontinental Exchange Inc(NYSE:ICE) has announced that the sale…

Institutional technology provider and group of multinational exchanges and clearing house operator Intercontinental Exchange Inc(NYSE:ICE) has announced that the sale by the selling stockholders of all 5,669,002 shares of ICE’s common stock that were part of the underwritten secondary offering announced by ICE on December 16, 2015 has been completed, subject to settlement.

According to the company, the offering was initially announced on December 16 with regard to the intent by certain selling stockholders to offer for sale in an underwritten secondary offering 5,669,002 shares of ICE’s common stock pursuant to ICE’s shelf registration statement filed with the Securities and Exchange Commission (SEC).

Credit Suisse was selected as the underwriter for the offering. The shares offered in the secondary offering were originally issued to the selling stockholders in connection with the acquisition of Interactive Data Holdings Corporation. ICE did not sell any shares and will not receive any proceeds from this offering.

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