other material
confidence high
sentiment neutral
materiality 0.65
Arhaus selling stockholders to offer 12M shares at $10; overallotment exercised for 1.8M additional shares
Arhaus, Inc.
- Selling stockholders FS Equity Partners VI and FS Affiliates VI offering 12M shares of Class A common stock at $10.00 per share.
- Underwriters granted 30-day overallotment option for 1.8M shares, exercised in full on August 17, 2023.
- Company receives no proceeds; all $138M from total 13.8M shares sold go to selling stockholders.
- Closing expected August 21, 2023, subject to customary conditions.