other material
confidence high
sentiment neutral
materiality 0.60
OneSpaWorld selling shareholders complete secondary offering of 9M shares at $10.00 each
ONESPAWORLD HOLDINGS Ltd
- Selling shareholders sold 9,000,000 common shares at $10.00 per share in underwritten secondary offering.
- Underwriters have 30-day option to purchase up to an additional 1,350,000 shares from Steiner Leisure Limited.
- Offering closed on May 19, 2023; company did not sell any shares and received no proceeds.
- Underwriting agreement includes customary representations, indemnification, and closing conditions.