Somnigroup International Inc. has announced the pricing for a secondary offering of common stock. The offering involves 15,376,743 shares being sold at $62.00 per share. These shares are being sold by the former majority shareholder of Mattress Firm Group Inc., a subsidiary of IBEX Topco B.V. Somnigroup will not receive any proceeds from this offering. Goldman Sachs & Co. LLC is serving as the sole underwriter. The shares are being offered under an automatically effective shelf registration statement filed with the U.S. Securities and Exchange Commission. The offering is expected to close shortly, subject to customary closing conditions.
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