NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS) (“UL Solutions”) today announced, in connection with its previously announced secondary public offering of 12,500,000 shares of its Class A common stock sold by UL Standards & Engagement (the “selling stockholder”), the full exercise by the underwriters of their option to purchase 1,875,000 additional shares of Class A common stoc...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, announced that it has signed a memorandum of understanding (MOU) with Saudi Electricity Company to collaborate on advancing fire protection and life safety standards, reflecting a shared commitment to reducing fire risk and strengthening public safety. This cooperative fire safety initiative ...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions, a global leader in applied safety science, today issued a warning that a limited run of Kent Watersports CSF-2 child life jackets was mislabeled by the manufacturer to indicate both 50–90 lbs. (23–41 kg) and under 50 lbs. (23 kg) weight ranges, even though they are certified only for children under 50 lbs. (23 kg), creating a risk of overloading,...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, issued public notices regarding the following products, which bear unauthorized UL certification marks and may pose safety risks: - Gedsffati carbon monoxide alarm (product model HD08) and Gedsffati combined smoke and carbon monoxide alarm (product model HD11); - HAKINAKU carbon monoxide dete...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS) (“UL Solutions”) today announced the pricing of its underwritten public offering (the “offering”) of 12,500,000 shares of its Class A common stock at a public offering price of $78.00 per share. The offering consists entirely of secondary shares to be sold by UL Standards & Engagement (the “selling stockholder”). The underwriters ...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS) (“UL Solutions”) today announced the commencement of an underwritten public offering (the “offering”) of 12,500,000 shares of its Class A common stock. The offering consists entirely of secondary shares to be sold by UL Standards & Engagement (the “selling stockholder”). The underwriters will have a 30-day option to purchase up to...
UL Solutions has demonstrated strong organic growth, margin expansion, and solid execution since its IPO, earning premium valuations from investors. The company operates in the testing, inspection, and certification industry, with recurring revenue streams and a global footprint, supported by a robust M&A track record. Despite impressive financial performance and restructuring initiatives to bo...
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that it is expanding its global electromagnetic and wireless testing footprint with the development of a new laboratory in Germany that will test and certify large, high-power industrial equipment and appliances, and medical, consumer and automotive products. The laborato...
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