10:47 AM EDT, 04/02/2024 (MT Newswires) -- UL Solutions (ULS) said in a regulatory filing Tuesday that its sole shareholder, ULSE, plans to sell 28 million shares in an initial public offering priced at $26 to $29 per share.

The selling stockholder has provided a 30-day option to underwriters to buy up to a further of 4.2 million shares, UL Solutions said.

UL Solutions said it has been approved to list the shares on the New York Stock Exchange under the "ULS" ticker.

The company said it will not be selling any shares and will not receive any proceeds from the IPO.