Similarweb Ltd. Announces Full Exercise of the Underwriters’ Option to Purchase Additional Ordinary Shares
Similarweb (NYSE: SMWB), a digital market intelligence company, announced that underwriters fully exercised their option to purchase an additional 525,000 ordinary shares at $7.85 per share in connection with a previously announced public offering. This resulted in gross proceeds of approximately $4,121,250 to the selling shareholder. Similarweb did not receive any proceeds from the sale.
The offering was made pursuant to a registration statement filed with the SEC. Goldman Sachs & Co. and Barclays acted as book-running managers, while Citizens JMP, William Blair, and Needham & Company served as co-managers for the offering.
Similarweb (NYSE: SMWB), una società di intelligenza di mercato digitale, ha annunciato che gli underwriter hanno completamente esercitato la loro opzione di acquistare ulteriori 525.000 azioni ordinarie a $7,85 per azione in relazione a un'offerta pubblica precedentemente annunciata. Questo ha comportato un incasso lordo di circa $4.121.250 per l'azionista venditore. Similarweb non ha ricevuto alcun provento dalla vendita.
L'offerta è stata effettuata ai sensi di un documento di registrazione depositato presso la SEC. Goldman Sachs & Co. e Barclays hanno agito come manager di book-running, mentre Citizens JMP, William Blair e Needham & Company hanno servito come co-manager per l'offerta.
Similarweb (NYSE: SMWB), una empresa de inteligencia de mercado digital, anunció que los suscriptores ejercieron completamente su opción de comprar 525,000 acciones ordinarias adicionales a $7.85 por acción en relación con una oferta pública previamente anunciada. Esto resultó en ingresos brutos de aproximadamente $4,121,250 para el accionista vendedor. Similarweb no recibió ningún ingreso de la venta.
La oferta se realizó de acuerdo con una declaración de registro presentada ante la SEC. Goldman Sachs & Co. y Barclays actuaron como gerentes de libro, mientras que Citizens JMP, William Blair y Needham & Company sirvieron como co-gerentes de la oferta.
시메일러웹(Similarweb) (NYSE: SMWB), 디지털 시장 정보 회사는 인수자들이 이전에 발표된 공개 모집과 관련하여 주당 $7.85에 추가로 525,000주의 보통주를 구매할 수 있는 옵션을 전량 행사했다고 발표했습니다. 이는 판매 주주에게 약 $4,121,250의 총 수익을 가져왔습니다. 시메일러웹은 판매에서 어떤 수익도 받지 않았습니다.
이번 공모는 SEC에 제출된 등록신청서에 따라 이루어졌습니다. 골드만 삭스(Goldman Sachs & Co.)와 바클레이스(Barclays)는 북런닝 매니저로 활동했으며, 시티즌 JMP, 윌리엄 블레어(William Blair), 그리고 니드햄 & 컴퍼니(Needham & Company)가 공동 관리자로 참여했습니다.
Similarweb (NYSE: SMWB), une société d'intelligence de marché numérique, a annoncé que les souscripteurs ont pleinement exercé leur option d'acheter 525 000 actions ordinaires supplémentaires à 7,85 $ par action en lien avec une offre publique précédemment annoncée. Cela a entraîné des produits bruts d'environ $4,121,250 pour l'actionnaire vendeur. Similarweb n'a reçu aucun produit de la vente.
L'offre a été faite conformément à une déclaration d'enregistrement déposée auprès de la SEC. Goldman Sachs & Co. et Barclays ont agi en tant que gestionnaires de livre, tandis que Citizens JMP, William Blair et Needham & Company ont servi de co-managers pour l'offre.
Similarweb (NYSE: SMWB), ein Unternehmen für digitale Marktintelligenz, gab bekannt, dass die Underwriter ihre Option vollständig ausgeübt haben, zusätzlich 525.000 Stammaktien zu einem Preis von 7,85 $ pro Aktie im Zusammenhang mit einem zuvor angekündigten öffentlichen Angebot zu kaufen. Dies führte zu einem Bruttoergebnis von etwa $4.121.250 für den verkaufenden Aktionär. Similarweb erhielt aus dem Verkauf keine Einnahmen.
Das Angebot erfolgte gemäß einer bei der SEC eingereichten Registrierungserklärung. Goldman Sachs & Co. und Barclays fungierten als Bookrunner, während Citizens JMP, William Blair und Needham & Company als Co-Manager des Angebots tätig waren.
- Underwriters fully exercised their option to purchase additional shares, indicating strong demand
- Gross proceeds of $4,121,250 generated for the selling shareholder
- Similarweb did not receive any proceeds from the sale of shares
- Potential dilution of existing shareholders' ownership due to additional shares being sold
Insights
The full exercise of the underwriters' option in Similarweb's public offering is a positive signal for investor confidence. The additional sale of
This transaction highlights Similarweb's position in the digital market intelligence sector. The full exercise of the underwriters' option suggests strong demand for Similarweb's shares, potentially indicating positive market sentiment towards the company's growth prospects. As a leader in digital intelligence, Similarweb operates in a rapidly evolving industry with increasing importance in the data-driven business landscape. The successful offering could provide the company with enhanced visibility and potentially easier access to capital for future growth initiatives. However, investors should closely monitor how this share sale affects Similarweb's market valuation and whether it leads to any shifts in the company's strategic direction or competitive positioning.
Similarweb did not receive any proceeds from the sale of shares by the selling shareholder.
Goldman Sachs & Co. LLC and Barclays acted as book-running managers for the Offering. Citizens JMP, William Blair and Needham & Company acted as co-managers for the Offering.
A registration statement on Form F-3, as amended (File No. 333-279295), was filed with the United States Securities and Exchange Commission (the "SEC") on May 10, 2024, and was declared effective on May 31, 2024 (the "Registration Statement"). The Offering was made pursuant to the Registration Statement. A final prospectus supplement and accompanying prospectus relating to and describing the terms of the Offering have been filed with the SEC and are available on the SEC's website at www.sec.gov. Copies of the final prospectus supplement and accompanying prospectus, may be obtained by contacting: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street,
About Similarweb
Similarweb powers businesses to win their markets with Digital Data. By providing essential web and app data, analytics, and insights, we empower our users to discover business opportunities, identify competitive threats, optimize strategy, acquire the right customers, and increase monetization. Similarweb products are integrated into users’ workflow, powered by advanced technology, and based on leading comprehensive Digital Data.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240918307473/en/
Investor Relations:
Rami Myerson
Similarweb
rami.myerson@similarweb.com
Source: Similarweb Ltd.
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