Squarespace Prices Secondary Offering of 5M Class A Common Shares At $29/Share
Portfolio Pulse from Benzinga Newsdesk
Squarespace has priced its secondary offering of 5 million Class A common shares at $29 per share.

September 13, 2023 | 6:39 am
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Squarespace's secondary offering of 5 million Class A common shares at $29 per share could potentially dilute existing shareholders' equity.
Secondary offerings often lead to dilution of existing shareholders' equity, which can put downward pressure on the stock price. However, the impact may be offset if the funds raised are used effectively by the company.
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