Bumble Inc. Announces Secondary Offering of Shares of Class A Common Stock

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Mar 02, 2023

Bumble Inc. (Nasdaq: BMBL) (“Bumble”) announced today that certain selling stockholders affiliated with Blackstone Inc. and its founder, Whitney Wolfe Herd (collectively, the “Selling Stockholders”), have commenced an underwritten public offering of 12,500,000 shares of Bumble’s Class A common stock pursuant to an automatically effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on March 2, 2023. Additionally, Blackstone intends to grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of Bumble’s Class A common stock.