Duck Creek Technologies IPO

8/13/2020

IPO

$405,000,000

We intend to use [i] $30.2 million of the net proceeds that we receive from this offering to redeem all of the outstanding LP Units of the Operating Partnership retained by certain of the Existing Holders, after giving effect to the contributions that are part of the Reorganization Transactions, which includes $30.2 million paid to Accenture, as described under "Organizational Structure," at a redemption price per LP Unit equal to the initial public offering price of this offering after deducting underwriting discounts and commissions payable by us, [ii] $45.4 million of the net proceeds that we receive from this offering to repurchase from Apax a portion of the shares of common stock received by Apax as merger consideration in the Reorg Merger at a repurchase price per share equal to the initial public offering price of this offering after deducting underwriting discounts and commissions payable by us and [iii] $4.7 million of net proceeds that we receive from this offering to cash se

Publicly-held

Software

1807 Jones Street
Bolivar, MO 65613
USA

Duck Creek Technologies' (NYSE: DCT) EXAMPLE Platform enables insurance carriers to quickly transform their products into Web-enabled insurance services such as rating, underwriting, and policy processing. The XML-based Platform provides rapid deployment of any line of business to any point on the value chain.