Bumble (BMBL) Announces 12.5M Share Secondary Offering

Go back to Bumble (BMBL) Announces 12.5M Share Secondary Offering

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

March 2, 2023 4:11 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Bumble Inc. (Nasdaq: BMBL) (Bumble) announced today that certain selling stockholders affiliated with Blackstone Inc. and its founder, Whitney Wolfe Herd (collectively, the Selling Stockholders), have commenced an underwritten public offering of 12,500,000 shares of Bumbles Class A common stock pursuant to an automatically effective shelf registration statement filed with the Securities and Exchange Commission (the SEC) on March 2, 2023. Additionally, Blackstone intends to grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of Bumbles Class A common stock.

Bumble is not selling any shares of... More