Red Violet Prices $100M Public Offering of Common Stock

Red Violet, Inc. announced the pricing of its previously disclosed underwritten public offering of 1,666,667 shares of common stock at $60.00 per share. The offering is expected to generate gross proceeds of $100 million before deducting underwriting discounts and expenses, and is anticipated to close on August 7, 2026. The company has also granted underwriters a 30-day option to purchase up to an additional 250,000 shares. Net proceeds from the offering will be allocated towards working capital, general corporate purposes, and potential strategic acquisitions.