05:45 AM EDT, 03/20/2024 (MT Newswires) -- SharkNinja ( SN ) said Tuesday that a secondary offering of about 4.7 million of its ordinary shares was priced at $58 per share.

The selling shareholders, affiliated with Xuning Wang, granted the underwriters a 30-day option to purchase up to an additional 703,785 shares.

The offering is expected to close on Friday.

SharkNinja ( SN ) said it is not selling any shares in the offering and will not receive any proceeds from the sale.