OneSpaWorld Priced Secondary Equity Offering By Selling Stockholders At 6.8% Discount

OneSpaWorld Holdings Ltd OSW has priced 8.4 million shares of its common stock at $9.50 per share in a secondary offering.
The offer price represents a discount of 6.8% to Wednesday's closing price of $10.2.
The offering consists entirely of secondary shares sold by the Selling Shareholders, and OneSpaWorld will not receive any proceeds from the offering.
The offering is expected to close on June 28, 2021.
Stifel and William Blair will act as joint book-running managers for the offering.
Price action: OSW shares are trading lower by 1.96% at $10 premarket on the last check Thursday.

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