SEMrush Holdings, Inc. (SEMR) Announces Proposed 5.5 Share Offering
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Semrush Files Registration Statement for Proposed Public Offering
November 17, 2021 6:00 AM ESTBOSTON--(BUSINESS WIRE)-- Semrush Holdings, Inc. (NYSE: SEMR) (Semrush), a leading online visibility management Software-as-a-Service (SaaS) platform, announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the SEC) relating to a proposed public offering of 5,500,000 shares of its Class A common stock, consisting of 2,500,000 shares to be issued and sold by Semrush and 3,000,000 shares to be sold by certain existing stockholders of Semrush. Semrush is also expected to grant the underwriters a 30-day option to purchase up to an additional 825,000 shares of... More
