Fiverr International Ltd. (“Fiverr”), an Israeli startup offering an online platform that connects businesses with freelancers, has announced the pricing of its initial public offering of 5,263,158 ordinary shares at a public offering price of $21.00 per share.
The underwriters of the offering will also have a 30-day option to purchase up to an additional 789,473 ordinary shares from Fiverr at the initial public offering price. The shares are expected to begin trading on the New York Stock Exchange on June 13, 2019 under the ticker symbol “FVRR.” The closing of the offering is expected to occur on June 17, 2019, subject to the satisfaction of customary closing conditions.
Latham & Watkins LLP represented Fiverr in the offering with a capital markets team led by New York partners Marc Jaffe, Ian Schuman, and Adam Gelardi and London partner Joshua Kiernan, with New York associates Gilad Zohari and Andrew Weitzel, and London associate Jennifer Gascoyn
