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0.0402384500745157 0.0402384500745157 -0.0312965722801788 -0.0312965722801788 -0.0126676602086438 0.0402384500745157 -0.0126676602086438 -0.0126676602086438
Stock impact report

Rover Announces Launch of Secondary Offering

Rover Group, Inc. - Class A (ROVR) 
Company Research Source: GlobeNewswire
SEATTLE, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover”) (NASDAQ: ROVR), the world’s largest online marketplace for pet care, today announced that it has commenced a secondary public offering of its Class A common stock pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (the “SEC”). 11,000,000 shares of Class A common stock will be offered by stockholders of Rover that were investors in A Place for Rover, Inc. prior to its merger with Nebula Caravel Acquisition Corp. and are subject to restrictions on the resale of the shares they acquired in connection with the merger. In addition, the underwriters of the offering will have a 30-day option to purchase up to an additional 1,650,000 shares of Class A common stock from certain of the selling stockholders. Rover will not receive any proceeds from the sale of the shares by the selling stockholders. Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and J.P. Mo Show less Read more
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