IPO - Genius Sports Ltd
Form Type: 424B5
Filing Date: 2025-01-15
Corporate Action: Ipo
Type: New
Accession Number: 000119312525007117
Filing Summary: Genius Sports Limited is offering 17,647,059 ordinary shares with a public offering price of $8.50 per share, totaling approximately $150,000,001.50. Proceeds, approximately $144,000,001.44 after underwriting discounts, will be used for general corporate purposes. The company is registered under registration number 333-279227 and its shares are listed under the NYSE symbol 'GENI'. The last reported sale price on January 14, 2025, was $9.21 per share. The shares are set for delivery around January 16, 2025. The document highlights various investment risks, including market volatility and the company's reliance on investor confidence. It details the use of proceeds and the potential dilution for new investors, with the net tangible book value estimated at $2.63 per share before the offering, resulting in an immediate dilution of approximately $5.45 per share for new investors. The company emphasizes the importance of reviewing the risk factors before investing.
Document Link: View Document
Additional details:
Ordinary Shares Offered: 17,647,059
Public Offering Price: $8.50
Total Proceeds Before Expenses: $144,000,001.44
Use Of Proceeds: general corporate purposes
Last Reported Sales Price: $9.21
Expected Delivery Date: 2025-01-16
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