SharkNinja (SN) selling shareholders to offer ~4.7M shares

SharkNinja, Inc. (NYSE: SN) announced that certain selling shareholders affiliated with Xuning Wang have commenced an underwritten public offering of 4,691,899 ordinary shares of SharkNinja pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission. Additionally, the Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 703,785 ordinary shares of SharkNinja.

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 proposed offering. BofA Securities, Guggenheim Securities and William Blair are acting as joint book-running managers.

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