Similarweb Ltd. Prices Secondary Offering
Ticker: SMWB · Form: 6-K · Filed: Sep 13, 2024 · CIK: 1842731
| Field | Detail |
|---|---|
| Company | Similarweb Ltd. (SMWB) |
| Form Type | 6-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $7.85, $27,475,000, b |
| Sentiment | neutral |
Sentiment: neutral
Topics: secondary-offering, pricing
TL;DR
Similarweb priced a secondary offering on Sept 12, details to follow.
AI Summary
On September 12, 2024, Similarweb Ltd. announced the launch and pricing of a secondary offering. The company has not disclosed the specific number of shares or the total dollar amount of the offering in this filing.
Why It Matters
This filing indicates a secondary offering, which could dilute existing shareholders' stakes or provide capital for the company's growth.
Risk Assessment
Risk Level: medium — Secondary offerings can impact share price and ownership structure, requiring investor attention.
Key Players & Entities
- Similarweb Ltd. (company) — Registrant
- September 12, 2024 (date) — Date of secondary offering announcement
FAQ
What is the purpose of the secondary offering?
The filing does not specify the purpose of the secondary offering.
How many shares are being offered in the secondary offering?
The filing does not disclose the number of shares being offered.
What is the expected price range for the secondary offering?
The filing does not provide information on the expected price range.
Who are the underwriters for this secondary offering?
The filing does not name any underwriters for the secondary offering.
When was the secondary offering officially priced?
The secondary offering was priced on September 12, 2024.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 14 · Accepted 2024-09-13 08:38:34
Key Financial Figures
- $7.85 — Offering at a public offering price of $7.85 per share for total gross proceeds of $
- $27,475,000, b — 5 per share for total gross proceeds of $27,475,000, before deducting underwriting discounts a
Filing Documents
- similarweb-6xkrelaunchandp.htm (6-K) — 24KB
- similarweb-launchpressrele.htm (EX-99.1) — 11KB
- similarweb-pricingpressrel.htm (EX-99.2) — 12KB
- image_0.jpg (GRAPHIC) — 0KB
- 0001842731-24-000072.txt ( ) — 49KB
Forward-Looking Statements
Forward-Looking Statements This Form 6-K contains estimates and forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on management's expectations, beliefs or intentions regarding, among other things, Similarweb's product development efforts, business, financial condition, results of operations, strategies, plans and prospects.. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding the Offering and expected closing date. These forward-looking statements involve various risks and uncertainties. Known and unknown risks, uncertainties and other factors, including those listed under the header "Risk Factors" in the Registration Statement, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. The forward-looking statements made in this Form 6-K relate only to events as of the date on which the statements are made. Similarweb undertakes no obligation to update any forward-looking statements made in this Form 6-K to reflect events or circumstances after the date of this Form 6-K or to reflect new information or the occurrence of unanticipated events, except as required by law. Similarweb may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Similarweb Ltd. Date September 13, 2024 By s Jason Schwartz Jason Schwartz Chief Financial Officer