Core Viewpoint - Rollins, Inc. announced a secondary public offering of 17,391,305 shares at a price of $57.50 per share, expected to close on November 12, 2025 [1][2]. Offering Details - The underwriter has a 30-day option to purchase an additional 2,608,695 shares from the Selling Stockholders [2]. - Rollins will not sell any shares and will not receive any proceeds from the offering [2]. - Selling Stockholders have entered into lock-up agreements for 365 days, restricting certain transactions regarding their shares [3]. Share Repurchase - Rollins has agreed to repurchase 3,478,260 shares for approximately $200 million at the same price as the offering, with the completion expected to close concurrently with the offering [4]. Underwriter Information - Morgan Stanley is acting as the sole bookrunner for the offering [5]. Regulatory Compliance - The offering is made under a shelf registration statement previously filed with the SEC, effective since June 22, 2023 [6].
Rollins, Inc. Announces Pricing of Secondary Public Offering of Common Stock