Global-e Online (GLBE) Announces 12M Share Secondary Offering
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Global-e Announces Launch of Secondary Offering of Shares
September 7, 2021 4:35 PM EDTPETAH-TIKVA, Israel, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) (the Company or "Global-e"), the world's leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce, today announced that certain of its shareholders (the Selling Shareholders) intend to offer for sale in an underwritten secondary offering 12,000,000 of the Companys ordinary shares (the Offering). In addition, the Selling Shareholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,800,000 ordinary shares at the public offering price, less underwriting discounts. The Selling Shareholders will receive all of the proceeds from the offering.... More
