SharkNinja’s $286 Million Secondary Follow-On Offering

Cleary Gottlieb represented the selling shareholders in SharkNinja Inc.’s (SharkNinja) $286 million all-secondary SEC-registered follow-on offering of ordinary shares.

The selling shareholders include certain entities affiliated with SharkNinja’s chairman and controlling shareholder and an entity affiliated with CDH Investments.

Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Morgan Stanley are acting as joint lead bookrunning managers for the offering. William Blair and Guggenheim Securities are acting as joint bookrunning managers.

The offering priced on December 5, 2023. The underwriters fully exercised the greenshoe on December 6, 2023, and the firm and greenshoe both closed on December 8, 2023.

SharkNinja is a global product design and technology company with a diversified portfolio of five-star-rated lifestyle solutions that positively impact people’s lives in homes around the world.