Arhaus announces secondary offering of 12M shares by Freeman Spogli affiliates and $10M donation to Nature Conservancy

Arhaus, Inc.

Selling stockholders (Freeman Spogli & Co.) commenced public offering of 12M shares; underwriters have 30-day option for up to 1.8M additional shares.
Company is not selling any shares and will not receive any proceeds from the offering.
Arhaus committed $10M donation to The Nature Conservancy for global forest conservation; recognized as SG&A expense in Q3 2023.

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