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Mister Car Wash, Inc (MCW) Announces 12M Share Secondary Offering by Selling Stockholders

August 24, 2021 6:15 AM EDT

Mister Car Wash, Inc. (“Company” NYSE: MCW) today announced a secondary offering of 12,000,000 shares of its common stock by investment funds affiliated with Leonard Green & Partners, L.P., several members of the Company’s management team and several other pre-IPO investors of the Company (collectively, the “Selling Stockholders”). The offering consists entirely of shares of common stock to be sold by the Selling Stockholders. The Company will not receive any proceeds from the sale of the shares of common stock by the Selling Stockholders. The Selling Stockholders expect to grant the underwriter a 30-day option to purchase up to 1,800,000 additional shares of common stock.

Morgan Stanley is acting as the sole underwriter for the offering.

A shelf registration statement on Form S-1 (including a prospectus) relating to the securities being sold in the offering has been declared effective by the Securities and Exchange Commission. The offering will be made only by means of a prospectus supplement and an accompanying prospectus. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement, when available, and the accompanying prospectus relating to this offering may be obtained by contacting: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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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Morgan Stanley, Leonard Green & Partners, S1, IPO