Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
Ingram Micro Holding CorporationIngram Micro Holding Corporation(US:INGM) Businesswire·2026-03-06 06:49

Group 1 - Ingram Micro Holding Corporation announced the pricing of a secondary public offering of 8,988,764 shares of its common stock at a price of $22.25 per share [1] - The Selling Stockholder, Ingram Holdco, LLC, has granted underwriters a 30-day option to purchase an additional 1,348,314 shares at the public offering price [1] - The Company will not receive any proceeds from the sale of shares offered by the Selling Stockholder [1] Group 2 - The Company has a Share Repurchase Agreement with the Selling Stockholder to repurchase shares worth $75 million at the same net price paid to the Selling Stockholder by the underwriters [1] - The Share Repurchase is expected to close on or about March 9, 2026, and will be funded with cash on hand [1] - The Offering is expected to settle and close on or about March 9, 2026, subject to customary closing conditions [1] Group 3 - Ingram Micro is a leading technology company in the global information technology ecosystem, reaching over 90% of the global population [1] - The Company offers an AI-powered digital platform, Ingram Micro Xvantage™, which integrates hardware and cloud subscriptions, personalized recommendations, instant pricing, order tracking, and billing automation [1] - Ingram Micro provides various technology services, including financing, specialized marketing, lifecycle management, and technical support [1]

Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder. - Reportify