SEMrush Holdings, Inc. (SEMR) Announces Proposed 5.5 Share Offering
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SEMrush Holdings, Inc. (SEMR) Prices 5M Share Offering at $20.50/sh
November 19, 2021 5:45 AM ESTSemrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today announced the pricing of the public offering of 5,000,000 shares of its Class A common stock, consisting of 4,000,000 shares to be issued and sold by Semrush and 1,000,000 shares to be sold by existing stockholders of Semrush, at a public offering price of $20.50 per share. In addition, Semrush has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock at the public offering price less the underwriting discount. The offering is expected to close on November 23,... More
