The Squarespace Corporation. A secondary underwritten public offering of 6,000,000 shares of the Company's Class A common stock ("Class A common stock") by General Atlantic (the "selling stockholder") has been announced by Squarespace ("Squarespace" or the "Company") today, which is a design-driven platform that enables entrepreneurs to build brands and businesses online.. There was an option granted by the selling stockholder to the underwriter to purchase up to an additional 900,000 shares of Class A common stock for a period of 30 days. In the offering, all of the shares will be sold by the selling stockholder as part of the offering. As a result of the selling stockholder's sale of the shares, the Company will not receive any proceeds from the sale of the shares
As a result of the selling stockholder's sale of the shares, the Company will not receive any proceeds from the sale of the shares
The offering is led by J.P. Morgan Securities LLC, which serves both as the book-running manager and as the underwriter for the offering.
In addition to offering the shares of Class A common stock to purchasers directly or through agents, the underwriter may also offer them to brokers in brokerage transactions on the New York Stock Exchange. It is also possible for the underwriter to offer the shares of Class A common stock to dealers by means of negotiated transactions or a combination of these methods of sale at market prices at time of sale, or at prices that are related to such prevailing market prices or at negotiated prices, subject to the right to reject any order, in its entirety or in part.
In connection with this offering, the shares of Class A common stock are being offered in accordance with an automatic shelf registration statement on Form S-3 that was filed with the Securities and Exchange Commission ("SEC") on September 12, 2023.. This offering will only be made by means of a prospectus supplement that forms a part of a registration statement, as well as the accompanying prospectus that forms a part of the prospectus. I would recommend that you read the prospectus included in that registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering and the documents incorporated by reference therein before you invest.. You can obtain copies of the final prospectus supplement and the accompanying prospectus, when available, from the SEC's website at http://www.sec.gov..A few seconds.If you are from the government or from the judiciary. I urge you to contact Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1 866 803-9204, or by email at [email protected]
I urge you to contact Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1 866 803-9204, or by email at [email protected]
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall it constitute an offer to sell these securities in any state or jurisdiction in which the offer, solicitation, or sale of these securities would be unlawful if not registered or qualified under the securities laws of any such state or jurisdiction before it is sold.
Squarespace - a brief overview
With Squarespace (NYSE: SQSP), entrepreneurs are able to build brands and businesses online using a design-driven platform. Millions of people across more than 200 countries and territories have access to all the tools they need to build an online presence, build an audience, monetize, and scale their businesses with us. As part of our suite of products, we offer website, domain, ecommerce, and marketing tools, as well as tools for schedule creation and management with Acuity, creating and managing social media presences with Bio Sites and Unfold, and managing a hospitality business with Tock.
As part of our suite of products, we offer website, domain, ecommerce, and marketing tools, as well as tools for schedule creation and management with Acuity, creating and managing social media presences with Bio Sites and Unfold, and managing a hospitality business with Tock.
Statements that are forward-looking
In accordance with the Private Securities Litigation Reform Act of 1995, this press release contains forward-looking statements within the meaning of the Act.. It is important to note that all statements other than statements of historical fact are forward-looking statements. There are a number of statements that may be included in this section, including, but not limited to, statements regarding the offering, including statements regarding the satisfaction of customary closing conditions associated with the offering and Squarespace's ability to complete the offering.. Whenever a forward-looking statement is made, the words "believe," "may," "will," "estimate," "continue," "expect," and similar expressions are intended to identify them.. It is important to note that forward-looking statements are made based on the expectations, assumptions, and projections of management based on the information available at the time the statements were made. As a result of these assumptions, as well as the risks and uncertainties that could impact Squarespace's business or this offering, Squarespace's actual results might differ materially and adversely from those anticipated or implied in the forward-looking statements.. In Squarespace's filings with the Securities and Exchange Commission (SEC), additional information about risks that may cause actual results to differ materially from forecasted results can be found.. A forward-looking statement speaks only as of the date it is made, and Squarespace does not assume any obligation to update these forward-looking statements or to explain the reasons why actual results may differ materially from those anticipated in the forward-looking statements, except to comply with applicable law.
A forward-looking statement speaks only as of the date it is made, and Squarespace does not assume any obligation to update these forward-looking statements or to explain the reasons why actual results may differ materially from those anticipated in the forward-looking statements, except to comply with applicable law.
Contact information
The Investors [email protected]
The media department can be reached at [email protected]
The source of this information is Squarespace, Inc.
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