AP NEWS

i3 Verticals, Inc. Launches Roadshow for Initial Public Offering

June 11, 2018

NASHVILLE, Tenn.--(BUSINESS WIRE)--Jun 11, 2018--i3 Verticals, Inc. (the “Company”) announced today that it has launched the roadshow for the initial public offering of its Class A common stock. The Company is offering 6,650,000 shares of its Class A common stock at an initial public offering price between $11.00 and $13.00 per share. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 997,500 shares of Class A common stock at the initial public offering price, less the underwriting discounts and commissions, to cover overallotments. The shares are expected to trade on The Nasdaq Global Select Market under the ticker symbol “IIIV.”

Cowen and Raymond James are serving as joint book-running managers and as representatives of the underwriters for the proposed offering. KeyBanc Capital Markets is acting as a bookrunner for the proposed offering.

The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus can be obtained from:

Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Attn: Prospectus Department, or by telephone at (631) 274-2806. Raymond James & Associates, Inc., Attn: Prospectus Department, 880 Carillon Parkway, St. Petersburg, Florida 33716, or by telephone at (800) 248-8863 or by email at prospectus@raymondjames.com. KeyBanc Capital Markets Inc., Attn: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, Ohio 44114, or by telephone at (800) 859-1783.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About i3 Verticals

Recognizing the convergence of software and payments, i3 Verticals was founded in 2012 with the purpose of delivering seamless integrated payment and software solutions to small- and medium-sized businesses (“SMBs”) and organizations in strategic vertical markets. Since commencing operations, i3 Verticals has built a broad suite of payment and software solutions that address the specific needs of SMBs and other organizations in its strategic vertical markets.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180611005512/en/

CONTACT: i3 Verticals, Inc.

Paul Maple, 615-465-4487

pmaple@i3verticals.com

KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SMALL BUSINESS PROFESSIONAL SERVICES FINANCE

SOURCE: i3 Verticals, Inc.

Copyright Business Wire 2018.

PUB: 06/11/2018 07:09 AM/DISC: 06/11/2018 07:09 AM

http://www.businesswire.com/news/home/20180611005512/en

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