Alight offers to sell 20M shares of common stock for holders

Alight "announced the commencement of an underwritten secondary public offering of up to 20,000,000 shares of Alight’s Class A common stock by certain funds affiliated with Blackstone Inc., Jasmine Ventures Pte. Ltd., certain funds affiliated with New Mountain Capital, Platinum Falcon B 2018 RSC Ltd. and Bilcar FT, LP. In connection with the offering, the Selling Stockholders intend to grant to the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Alight’s Class A common stock. Alight is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the offering. J.P. Morgan and Credit Suisse are acting as joint lead book-running managers of, and as representatives of the underwriters for, the offering. Additionally, Blackstone Securities Partners L.P. is acting as a co-manager for the offering."