VeriSign Announces Secondary Offering of 4.3 Million Shares by Berkshire Hathaway Affiliates

Reuters
07/29
VeriSign Announces Secondary Offering of 4.3 Million Shares by Berkshire Hathaway Affiliates

VeriSign Inc., a global provider of internet infrastructure and domain name registry services, has announced a secondary offering of 4,300,000 shares of its common stock. The offering is being made by affiliates of Berkshire Hathaway Inc., which has been a stockholder of VeriSign since 2012. The company itself will not sell any shares nor receive any proceeds from this offering. The purpose of the offering is to reduce Berkshire Hathaway's beneficial ownership of VeriSign below the ten percent threshold, which triggers additional regulatory obligations. J.P. Morgan Securities LLC is acting as the sole underwriter, and the selling stockholders may grant the underwriter a 30-day option to purchase an additional 515,032 shares. Following the offering, any remaining shares owned by Berkshire Hathaway will be subject to a 365-day lock-up agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VeriSign Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250728587320) on July 28, 2025, and is solely responsible for the information contained therein.

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