India, May 14 -- Savers Value Village Inc. (SVV) announced the pricing of public offering of 15 million shares of common stock, par value $0.000001, of the company offered by certain Ares Management Private Equity and Opportunistic Credit funds and accounts and the chief executive officer of the Company at a price to the public of $9.25 per share.
As part of the Offering, the underwriters will have a 30-day option to purchase up to an additional 2.25 million shares of Common Stock from the Ares Selling Stockholders. The Offering is expected to close, subject to customary closing conditions, on May 16, 2025.
In addition, the company will purchase from the underwriters $20.0 million of the shares of Common Stock as part of the Offering, at ...