SharkNinja (SN) prices 6.095M share secondary offering at $47

SharkNinja, Inc. (NYSE: SN) announced the pricing of the previously announced secondary offering of 6,095,169 ordinary shares of SharkNinja by certain selling shareholders affiliated with Xuning Wang and CDH Investments (collectively, the “Selling Shareholders”) at a price to the public of $47.00 per ordinary share. The Selling Shareholder affiliated with CDH Investments has granted the underwriters a 30-day option to purchase up to an additional 914,275 ordinary shares of SharkNinja. The offering is expected to close on December 8, 2023, subject to customary closing conditions.

SharkNinja is not selling any ordinary shares in the offering and will not receive any of the proceeds from the sale.

Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies and Morgan Stanley are acting as joint lead book-running managers for the offering. William Blair and Guggenheim Securities are acting as joint book-running managers.

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