Similarweb Prepares Major Share Offering

Similarweb (SMWB) has released an update.

Similarweb Ltd. has entered into an underwriting agreement to sell 3.5 million ordinary shares, with an option for underwriters to purchase up to an additional 525,000 shares, anticipating a significant public offering managed by Goldman Sachs & Co. LLC. Scheduled for September 12, 2024, the offering is based on a previously filed shelf registration statement and includes a comprehensive prospectus, with the final purchase price set at $7.4575 per share.

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