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Stock impact report

Chewy, Inc. Announces Pricing of Offering of Class A Common Stock by Selling Stockholder and Concurrent Repurchase

Chewy, Inc. Class A (CHWY) 
Last chewy, inc. class a earnings: 12/9 04:15 pm Check Earnings Report
Company Research Source: Business Wire
PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, announced today the pricing of an underwritten offering of 16,666,667 shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the “Selling Stockholder”), which is an entity affiliated with funds advised by BC Partners Advisors LP (“BC Partners”), Chewy’s largest shareholder, at a price to the public of $30.00 per share (the “Offering”). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,500,000 shares of Class A common stock. Chewy will not sell any shares of its Class A common stock in the Offering and will not receive any proceeds from the sale of the shares of Class A common stock being offered by the Selling Stockholder.In addition, as previously announced, concurrent with the closing of the Offering, Chewy has agreed to purchase from the Selling Stockholder $300 mil Show less Read more
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