IPO - MICROSTRATEGY Inc

Back to List of IPO Filings

Form Type: 8-K

Filing Date: 2025-03-21

Corporate Action: Ipo

Type: New

Accession Number: 000119312525059786

Filing Summary: On March 20, 2025, MicroStrategy Incorporated entered into an underwriting agreement with Morgan Stanley & Co. LLC for an offering of 8,500,000 shares of 10.00% Series A Perpetual Strife Preferred Stock at a public offering price of $85.00 per share. The settlement of the offering is scheduled for March 25, 2025. The anticipated net proceeds are approximately $711.2 million, intended for general corporate purposes including bitcoin acquisition and working capital. The offering is made under an effective shelf registration statement on Form S-3ASR. A press release regarding the pricing of the offering was issued on March 21, 2025, but does not constitute an offer to sell or solicit offers to buy securities.

Document Link: View Document

Additional details:

Item 1 01 Details: On March 20, 2025, MicroStrategy entered into an underwriting agreement for issuance of preferred stock.

Item 1 01 Shares Offered: 8,500,000

Item 1 01 Offer Price: $85.00

Item 1 01 Net Proceeds Estimate: $711.2 million

Item 1 01 Use Of Proceeds: general corporate purposes including bitcoin acquisition

Item 8 01 Press Release Date: March 21, 2025

Comments

No comments yet. Be the first to comment!