First Advantage Files Prospectus For Potential Sale Of Up To 87.45M Shares By Selling Stockholder; Company To Receive No Proceeds
FIRST ADVANTAGE CORPORATIONCommon StockThis prospectus relates to the offer and sale from time to time of up to 87,450,000 shares of First Advantage Corporation common stock, par value $0.001 per share, by the selling
A big owner of First Advantage is planning to sell a huge pile of their shares, but the company itself won't get any money from it—only the owner will. When you see a major shareholder selling lots of shares, it's worth noticing what price they sell at and whether other insiders are doing the same thing, because it can hint at their confidence in the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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