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

Plano, texas, nov. 10, 2021 (globe newswire) -- european wax center, inc. (“ewc” or the “company”) (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 5,216,977 shares of its class a common stock, including 2,851,617 shares of class a common stock offered by certain selling stockholders affiliated with general atlantic, l.p. (the “selling stockholders”) at a price to the public of $26.25 per share. in connection with the offering, the underwriters will have a 30-day option to purchase up to an additional 782,546 shares of class a common stock from the company and selling stockholders. the offering is expected to close on november 15, 2021, subject to satisfaction of customary conditions.
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