2023-10-02 17:10:29
UL Solutions (the “Issuer”) today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed secondary offering by UL Standards & Engagement, the non-profit organization that is currently the sole shareholder of the Issuer, of Class A common shares of the Issuer. The Issuer does not expect to receive any proceeds from the proposed offering.
The proposed offering would constitute the Issuer’s initial public offering. The number of shares to be offered and the price range of the proposed offer have not yet been defined. The proposed initial public offering is subject to market and other conditions, including the completion of the SEC’s review of the registration statement.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy or any sales of securities will be made in accordance with the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”). This announcement is being published pursuant to Rule 135 under the Securities Act.
The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.
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Media:
Kathy Fieweger
Senior Vice President – Communications
[email protected]
312-852-5156
Source: BUSINESS WIRE
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