BOSTON, Aug. 1, 2023
/PRNewswire/ -- PTC Inc. (Nasdaq: PTC) today announced
the pricing of a public secondary offering of 5,830,905 shares of
its outstanding common stock by Rockwell Automation, Inc. at the
public offering price of $141.75 per
share. The offering is expected to close on August 3, 2023, subject to customary closing
conditions.
This offering is solely a resale of secondary shares currently
issued and outstanding, and PTC will not receive any proceeds from
the sale of shares in this offering.
Goldman Sachs & Co. LLC is the sole underwriter for the
secondary offering.
The offering of these securities is being made pursuant to PTC's
effective shelf registration statement previously filed with the
Securities and Exchange Commission ("SEC") on November 22, 2021. When available, a copy of the
prospectus relating to the offering may be obtained from Goldman
Sachs and Co. LLC, c/o Prospectus Department, 200 West
Street, New York, New York 10282, by calling (866)
471-2526, by facsimile at (212) 902-9316 or by email
at prospectus-ny@ny.email.gs.com. or by visiting the EDGAR
database on the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
Any offer or sale will be made only by means of PTC's prospectus
supplement and prospectus forming part of the effective
registration statement relating to these securities.
ABOUT PTC
PTC (NASDAQ: PTC) is a global software company that enables
industrial and manufacturing companies to digitally transform how
they engineer, manufacture, and service the physical products that
the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000
people and supports more than 25,000 customers globally.
Forward-Looking Statements
This press release may contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, as amended,
including, but not limited to, statements regarding the secondary
offering. These statements can be identified by the use of
forward-looking terminology such as "expects," "believes,"
"estimates," "intends," "may," "will," "should" or "anticipates" or
the negative or other variation of these or similar words, or by
discussions of future events, strategies or risks and
uncertainties. Such forward-looking statements are inherently
subject to risks, uncertainties and assumptions about PTC and
its subsidiaries, including those described under the section
entitled "Risk Factors" in PTC's Annual Report on Form 10-K for the
year ended September 30, 2022, as
such factors may be updated
from time to time in PTC's periodic
filings with the SEC, which are accessible on the SEC's website
at www.sec.gov. All subsequent written and oral forward
looking statements attributable to PTC or persons
acting on PTC's behalf are expressly qualified in their
entirety by the cautionary statements included in this press
release and in PTC's filings with the SEC. PTC undertakes no
obligation to publicly update or revise any forward-looking
statements contained or incorporated by reference herein, whether
as a result of new information, future events or otherwise, except
as required by law. In light of these risks, uncertainties and
assumptions, the forward-looking events discussed in this press
release may not occur.
Contact
Investor Relations — PTC Inc.
Matt Shimao
Investor@ptc.com
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SOURCE PTC Inc.