Brilliant Earth Group, Inc. (BRLT) Launches 16.67M Share IPO

Brilliant Earth Group, Inc. (NASDAQ: BRLT) announced the launch of Initial Public Offering of 16,666,667 shares of its Class A common stock. The initial public offering price is currently expected to be between $14.00 and $16.00 per share. Brilliant Earth expects to grant the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of its Class A common stock at the initial public offering price, less the underwriting discount. Brilliant Earth has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “BRLT.”

J.P. Morgan, Credit Suisse, Jefferies and Cowen are acting as the lead book-running managers and representatives of the underwriters for the proposed offering. KeyBanc Capital Markets, Piper Sandler, William Blair and Telsey Advisory Group are acting as book-running managers. Cabrera Capital Markets LLC, Loop Capital Markets and Siebert Williams Shank are acting as co-managers for the offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by emailing at [email protected]; Credit Suisse Securities (USA) LLC, by mail: Attn: Prospectus Department 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, United States, by telephone: 1-800-221-1037 or by e-mail: [email protected]; Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at (877) 821-7388 or by email at [email protected]; or Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone: +1 (833) 297-2926, or via email: [email protected].

A registration statement on Form S-1 relating to the proposed offering has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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