Arhaus, Inc (ARHS) Prices 12M Share Secondary Offering at $10/sh

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Arhaus Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

August 16, 2023 10:02 PM EDT

BOSTON HEIGHTS, Ohio, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (Nasdaq: ARHS) (Arhaus or the Company), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced today the pricing of the previously announced underwritten public offering of 12 million shares of the Companys Class A common stock (the Offering) by certain selling stockholders affiliated with Freeman Spogli & Co. (collectively, the Selling Stockholders), at a public offering price of $10.00 per share. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the... More