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DoubleVerify To Join S&P SmallCap 600 On January 31

Author: Anusuya Lahiri | January 26, 2023 11:35am

DoubleVerify Holdings, Inc (NYSE:DV) prepared to replace Meridian Bioscience Inc (NASDAQ: VIVO) in the S&P SmallCap 600 effective before the opening of trading on January 31.
SD Biosensor will acquire Meridian Bioscience in a deal likely to be completed soon.
Last November, DoubleVerify selling shareholders raised $264 million via a secondary equity offering of 10 million shares at $26.40 per share.
The offer price implied a 6.85% premium to DoubleVerify's November 9 closing of $24.71.
Price Action: DV shares traded higher by 9.67% at $27.82 on the last check Thursday.