IPO - Klaviyo, Inc.
Form Type: 8-K
Filing Date: 2025-05-16
Corporate Action: Ipo
Type: New
Accession Number: 000162828025026256
Filing Summary: On May 16, 2025, Klaviyo, Inc. completed an Offering involving the sale of 10,969,078 shares of Series A common stock by Andrew Bialecki, the Company’s CEO and co-founder. The shares were sold at a price of $32.8950 each, with all proceeds utilized by Bialecki to cover taxes related to obtaining stock options. The Offering was formally registered under the Securities Act via an automatic shelf registration. Klaviyo, Inc. issued press releases on May 13 and May 14, 2025, to announce the Offering and its pricing, along with intentions for Bialecki to adopt a stock trading plan post-Offering. The Underwriting Agreement linking Klaviyo and the underwriters is included in the filing as an exhibit.
Additional details:
Underwriter Name: Goldman Sachs & Co. LLC
Underwriter Name: Morgan Stanley & Co. LLC
Shares Sold: 10969078
Offering Price Per Share: 32.895
Ceo Name: Andrew Bialecki
Taxes Covered By Proceeds: Yes
Stock Prepared For Sale: Series A common stock
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