Brilliant earth announces closing of initial public offering

San francisco, sept. 27, 2021 (globe newswire) -- brilliant earth group, inc. (“brilliant earth”), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced the closing of its previously announced initial public offering of 9,583,332 shares of its class a common stock, including the full exercise by the underwriters of their option to purchase 1,249,999 shares of class a common stock at a price to the public of $12.00 per share.  the shares are listed for trading on the nasdaq global market under the ticker symbol “brlt.” the gross proceeds to brilliant earth from the initial public offering were $115.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by brilliant earth.
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