European Wax Center (EWCZ) Launches 4.5M Share Offering by Selling Stockholders
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European Wax Center, Inc. Announces Launch of Public Offering of Class A Common Stock
May 17, 2022 4:25 PM EDTPLANO, Texas, May 17, 2022 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced the commencement of a proposed public offering of 4,500,000 shares of its Class A common stock by selling stockholders, including stockholders affiliated with General Atlantic, L.P. (collectively, the Selling Stockholders). The Selling Stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 675,000 shares of Class A common stock.
The Selling Stockholders will receive... More
