SEMrush Holdings, Inc. (SEMR) Prices 5M Share Offering at $20.50/sh

Go back to SEMrush Holdings, Inc. (SEMR) Prices 5M Share Offering at $20.50/sh

Semrush Announces Pricing of Public Offering

November 18, 2021 11:03 PM EST

BOSTON--(BUSINESS WIRE)-- Semrush Holdings, Inc. (NYSE: SEMR) (Semrush), a leading online visibility management SaaS platform, today announced the pricing of the public offering of 5,000,000 shares of its Class A common stock, consisting of 4,000,000 shares to be issued and sold by Semrush and 1,000,000 shares to be sold by existing stockholders of Semrush, at a public offering price of $20.50 per share. In addition, Semrush has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock at the public offering price less the underwriting discount. The offering is... More