financetom
Business
financetom
/
Business
/
Klaviyo Launches Secondary Offering of 6.5 Million Shares
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Klaviyo Launches Secondary Offering of 6.5 Million Shares
Aug 13, 2025 2:18 PM

04:54 PM EDT, 08/13/2025 (MT Newswires) -- Klaviyo ( KVYO ) announced late Wednesday the launch of a secondary public offering of 6.5 million of its class A common shares by Summit Partners-affiliated entities.

The selling stockholders will offer underwriters a 30-day overallotment option to buy up to an additional 975,000 shares, according to a statement.

The company said it will not receive any proceeds from the sale.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PPL Subsidiary Prices $1 Billion of Senior Notes in Private Placement
PPL Subsidiary Prices $1 Billion of Senior Notes in Private Placement
Nov 20, 2025
05:50 AM EST, 11/20/2025 (MT Newswires) -- PPL (PPL) subsidiary PPL Capital Funding said Wednesday that it priced $1 billion of its 3% exchangeable senior unsecured notes due 2030 in a private placement. The company also granted the initial purchasers a 13-day option to buy up to an additional $150 million of notes. Sale of the notes is expected to...
Update: Netease Q3 Non-GAAP Net Income, Revenue Increase; Shares Fall Pre-Bell
Update: Netease Q3 Non-GAAP Net Income, Revenue Increase; Shares Fall Pre-Bell
Nov 20, 2025
05:52 AM EST, 11/20/2025 (MT Newswires) -- (Updates with additional details in the fifth paragraph and the latest stock movement in the sixth paragraph.) Netease ( NTES ) reported Q3 non-GAAP net income Thursday of 14.73 Chinese renminbi ($2.07) per diluted American depositary share, up from 11.63 renminbi a year earlier. Analysts polled by FactSet expected 14.64 renminbi. Revenue for...
Innovative Lab Services Broadens Capabilities Through Acquisition of Overbrook
Innovative Lab Services Broadens Capabilities Through Acquisition of Overbrook
Nov 20, 2025
COLUMBUS, Ohio--(BUSINESS WIRE)-- Innovative Lab Services LLC (“ILS”), a leading provider of laboratory maintenance and management solutions, today announced the acquisition of Overbrook Scientific (“Overbrook”), a Boston-based company specializing in equipment planning, laboratory relocations, asset management, and multi-vendor instrument maintenance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251120326750/en/ The acquisition expands ILS’s national footprint and enhances its...
Youdao Q3 Non-GAAP Net Income Falls, Revenue Rises
Youdao Q3 Non-GAAP Net Income Falls, Revenue Rises
Nov 20, 2025
04:15 AM EST, 11/20/2025 (MT Newswires) -- Youdao ( DAO ) reported Q3 non-GAAP net income Thursday of 0.08 Chinese renminbi ($0.01) per diluted American depositary share, down from 0.76 renminbi a year earlier. Net revenue for the quarter ended Sept. 30 was 1.63 billion renminbi, up from 1.57 billion renminbi a year earlier. Four analysts surveyed by FactSet expected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved