07:42 AM EDT, 07/16/2024 (MT Newswires) -- Trivago ( TRVG ) filed a registration statement Monday for the potential sale of up to $500 million of its securities from time to time.
The filing covers the sale of the company's class A shares represented by American depositary shares, debt securities, purchase contracts, warrants, and units offered by Trivago ( TRVG ), as well as nearly 63 million class A shares represented by American depositary shares offered by selling shareholder.
The company aims to use the proceeds for general corporate purposes and other business opportunities. Trivago ( TRVG ) said it will not receive any proceeds from sale of securities by selling shareholder.