Similarweb Ltd. (SMWB) Prices 3.5M Share Secondary Offering at $7.85/sh
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Similarweb Ltd. Announces Pricing of Secondary Offering by a Selling Shareholder
September 13, 2024 8:30 AM EDTTEL AVIV, Israel--(BUSINESS WIRE)-- Similarweb Ltd. (Similarweb) (NYSE: SMWB), a leading digital market intelligence company, today announced the pricing of an underwritten public offering by a selling shareholder (the Offering) of 3,500,000 ordinary shares of the Company at a public offering price of $7.85 per share for total gross proceeds of $27,475,000, before deducting underwriting discounts and offering expenses. The selling shareholder has granted the underwriters a 30-day option to purchase up to an additional 525,000 ordinary shares at the public offering price, less underwriting discounts and commissions.
Similarweb will not receive any proceeds... More
