Fiverr Launches Follow-On Offering
Fiverr International Ltd. (NYSE: FVRR) (“Fiverr”) announced today the commencement of an underwritten public offering of $700,000,000 of its ordinary shares. Fiverr also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares sold in the offering at the public offering price, less underwriting commissions.
J.P. Morgan Securities LLC is acting as lead book-running manager for the proposed offering of ordinary shares. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are also acting as book-running managers for the proposed offering.
The proposed offering will be made only by means of a preliminary prospectus supplement and the accompanying prospectus. A copy of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained from the U.S. Securities and Exchange Commission (the “SEC”) website or:
- J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone: 1-866-803-9204 or via email email@example.com;
- Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, via telephone: 1-866-471-2526 or via email at firstname.lastname@example.org; or
- Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Dept.
The final terms of the proposed public offering will be disclosed in a final prospectus supplement to be filed with the SEC. An automatic shelf registration statement (including a prospectus) relating to the offering of ordinary shares was filed with the SEC on March 2, 2021 and became effective upon filing. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Fiverr’s mission is to change how the world works together. For over 10 years, the Fiverr platform has been at the forefront of the future of work connecting businesses of all sizes with skilled freelancers offering digital services in more than 500 categories, across 8 verticals including graphic design, digital marketing, programming, video and animation. In the year ended December 31, 2020, over 3.4 million customers bought a wide range of services from freelancers across more than 160 countries.