Klaviyo (KVYO) Launches Proposed Secondary Share Offering
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Klaviyo Announces Launch of Proposed Secondary Offering of Series A Common Stock
May 13, 2025 4:23 PM EDTBOSTON--(BUSINESS WIRE)-- Klaviyo, Inc. (the Company) (NYSE: KVYO), the only CRM built for consumer brands, today announced the commencement of an underwritten public offering (the offering) of $372,000,000 of shares of its Series A common stock, par value $0.001 per share (Series A Common Stock), by Andrew Bialecki, the Companys CEO and co-founder, to cover tax obligations related to the exercise of his stock options, which expire this year.
The Company will not receive any proceeds from the sale of the shares being offered by Mr. Bialecki. The offering is subject to market and... More
