Arhaus, Inc. (ARHS) Prices Downsized 12.9M Share IPO at $13/sh

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Arhaus Announces Pricing of Initial Public Offering

November 3, 2021 10:53 PM EDT

BOSTON HEIGHTS, Ohio--(BUSINESS WIRE)-- Arhaus, Inc. (Arhaus), a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings, today announced the pricing of its initial public offering of 12,903,226 shares of its Class A common stock at a price of $13.00 per share. In addition, the underwriters will have a 30-day option to purchase from the Company up to an additional 1,935,484 shares of its Class A common stock at the initial public offering price, less any underwriting discounts and commissions.

The shares are expected to begin trading on the Nasdaq Global Select Market on Thursday, November 4, 2021, under the... More