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

Mar 03, 2023

Bumble Inc. (Nasdaq: BMBL) (“Bumble”) announced today the pricing of a previously announced secondary offering of 13,750,000 shares of Bumble’s Class A common stock by certain selling stockholders affiliated with Blackstone Inc. and its founder, Whitney Wolfe Herd (collectively, the “Selling Stockholders”), at a price to the public of $22.80 per share. Blackstone has also granted the underwriters a 30-day option to purchase up to an additional 2,062,500 shares of Bumble’s Class A common stock. The offering is expected to close on March 8, 2023, subject to customary closing conditions.

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