European wax center, inc. announces pricing of public offering of class a common stock

Plano, texas, may 19, 2022 (globe newswire) -- european wax center, inc. (nasdaq: ewcz), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the united states, today announced the pricing of a public offering of 4,500,000 shares of its class a common stock by selling stockholders, including stockholders affiliated with general atlantic, l.p. (collectively, the “selling stockholders”) at a price to the public of $21.50 per share. in connection with the offering, the underwriters will have a 30-day option to purchase up to an additional 675,000 shares of class a common stock from the selling stockholders. the offering is expected to close on may 24, 2022, subject to satisfaction of customary conditions.
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