LendingTree Inc. filed a shelf registration statement related to the issuance and sale of certain of its securities.
The filing covers common shares, preferred shares, debt securities, warrants, subscription rights and units, which may be offered and sold from time to time. The company will not receive any proceeds from the sale of common shares by selling stockholders.
LendingTree expects to use the net proceeds from the offering for general corporate purposes, including working capital, capital expenditures, acquisitions, repurchases of the company's common shares, and refinancing or repayment of debt.
Sheppard Mullin Richter & Hampton LLP will serve as legal counsel to LendingTree for the offering.