red violet Announces Pricing of $100 Million Underwritten Public Offering of Common Stock

Red Violet, Inc. (NASDAQ: RDVT), an analytics and information solutions provider, announced on Aug. 5, 2026, the pricing of its previously announced underwritten public offering. The offering comprises 1,666,667 shares of common stock at a public offering price of $60 per share. Red Violet expects gross proceeds of $100 million before deducting underwriting discounts and commissions and offering expenses payable by the company. The offering is expected to close on Aug. 7, 2026, subject to customary closing conditions. Until closing, the transaction remains conditional on satisfaction of those requirements. Red Violet has also granted the underwriters a 30-day option to purchase up to an additional 250,000 common shares at the public offering price, less applicable underwriting discounts and commissions. Exercise of the option would increase the number of shares issued beyond the base offering. For investors, the announcement provides the final pricing and size of the capital raise, while the stated gross proceeds represent an amount before transaction-related deductions. The company did not disclose the intended use of proceeds or provide additional financial guidance in the announcement. The next key milestones for RDVT are the expected closing and any exercise of the underwriters’ additional-share option.