Bumble (BMBL) Prices 18M Share Secondary Offering at $54/sh

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Bumble Inc. Announces Pricing of Secondary Offering of Shares of Class A Common Stock

September 9, 2021 7:32 PM EDT

AUSTIN, Texas, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Bumble Inc. (Nasdaq: BMBL) (Bumble) announced today the pricing of a previously announced secondary offering of 18,000,000 shares of Bumbles Class A common stock by certain selling stockholders affiliated with Blackstone Inc. (the Selling Stockholders) at a price to the public of $54.00 per share. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of Bumbles Class A common stock. The offering is expected to close on September 15, 2021, subject to customary closing conditions.

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