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Stock impact report

Similarweb Ltd. Announces Full Exercise of the Underwriters’ Option to Purchase Additional Ordinary Shares

Similarweb Ltd. Ordinary Shares (SMWB) 
Company Research Source: Business Wire
TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (“Similarweb”) (NYSE: SMWB), a leading digital market intelligence company, today announced that in connection with the previously announced underwritten public offering by a selling shareholder (the “Offering”), the underwriters exercised their option to purchase an additional 525,000 ordinary shares at $7.85 per share, in full, resulting in gross proceeds to the selling shareholder of approximately $4,121,250.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 mad Show less Read more
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