Verisign Announces Secondary Offering of Common Stock by Selling Stockholders

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RESTON, Va.--(BUSINESS WIRE)--Jul 28, 2025--

VeriSign, Inc. (NASDAQ: VRSN) (the “Company”), a global provider of critical internet infrastructure and domain name registry services, today announced the launch of an underwritten secondary offering (the “Offering”) by affiliates of Berkshire Hathaway Inc. (“Berkshire Hathaway”), of 4,300,000 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”).

The selling stockholders will receive all of the proceeds from the Offering. The Company is not selling any shares of Common Stock in the Offering and will not receive any proceeds from the Offering. The Offering is sized in order to reduce Berkshire Hathaway’s beneficial ownership of the Company below the ten percent threshold that triggers additional regulatory obligations. Affiliates of Berkshire Hathaway have been stockholders of the Company since 2012, and Berkshire Hathaway has voluntarily agreed with J.P. Morgan Securities LLC (the “Underwriter”) that the remaining shares of Common Stock beneficially owned by Berkshire Hathaway and its affiliates following the Offering will be subject to a 365-day lock-up agreement.

The Underwriter is acting as the sole underwriter of the Offering. The selling stockholders also expect to grant the Underwriter a 30-day option to purchase up to an additional 515,032 shares of Common Stock.

The Offering will be made by means of a prospectus supplement and the accompanying base prospectus, which was filed as part of an automatic shelf registration statement on Form S-3 (File No. 333-288995), which was filed with the Securities and Exchange Commission (the “SEC”) and became effective on July 28, 2025. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the Offering, as well as copies of the final prospectus supplement once available, may be obtained for free on the SEC’s website at www.sec.gov or by contacting: J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: [email protected] and [email protected].

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, 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 Verisign

Verisign (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, enables internet navigation for many of the world’s most recognized domain names. Verisign helps enable the security, stability, and resiliency of the Domain Name System and the internet by providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce.

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve risks and uncertainties that could cause our actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the closing of the Offering on the terms described, or at all. More information about potential factors that could affect our business and financial results is included in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended Dec. 31, 2024, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward-looking statements after the date of this announcement.

©2025 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250728587320/en/

CONTACT: Investor Relations: David Atchley,[email protected], 703-948-3447

Media Relations: David McGuire,[email protected], 703-948-3800

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY INTERNET SECURITY

SOURCE: VeriSign, Inc.

Copyright Business Wire 2025.

PUB: 07/28/2025 04:21 PM/DISC: 07/28/2025 04:21 PM

http://www.businesswire.com/news/home/20250728587320/en

 

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