SharkNinja prices 5.5M share secondary offering at $116

* SharkNinja (NYSE:SN [https://seekingalpha.com/symbol/SN]) announced [https://seekingalpha.com/pr/20207415-sharkninja-announces-pricing-of-upsized-secondary-offering-of-ordinary-shares] an underwritten secondary offering of 5.5M shares of SharkNinja by certain selling shareholders affiliated with CJ Xuning Wang, the chairperson of SharkNinja’s board of directors, at a price to the public of $116.00 per ordinary share.
* The size of the offering reflects an increase from the 5M ordinary shares originally proposed to be sold.
* Underwriters have a 30-day option to purchase up to an additional 825,000 ordinary shares of SharkNinja.
* The offering is expected to close on August 22, 2025.
* The stock price traded ~2% lower to ~$117.4 on Wednesday during after-market hours of trading.

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