Casper Sleep’s $100 Million Initial Public Offering

Latham & Watkins LLP represented Casper in the offering.

Casper Sleep Inc. completed the pricing of its initial public offering of 8,350,000 shares of its common stock at a price of $12.00 per share. Casper has granted the underwriters a 30-day option to purchase up to an additional 1,252,500 shares of its common stock at the initial public offering price to cover over-allotments. The shares began on the New York Stock Exchange on February 6, 2020 under the ticker symbol “CSPR,” and the offering is expected to close on February 10, 2020, subject to customary closing conditions.

Headquartered in New York City, Casper Sleep is a public, U.S.-based, e-commerce company that sells sleep products online and in retail locations.

Latham & Watkins LLP represented Casper in the offering with a capital markets team led by New York partners Marc Jaffe (Picture), Ian Schuman, and Adam Gelardi, with associates Brittany Ruiz, Katherine Lovejoy, and Matthew DeSilva.

Involved fees earner: Matthew DeSilva – Latham & Watkins; Adam Gelardi – Latham & Watkins; Marc Jaffe – Latham & Watkins; Katherine Lovejoy – Latham & Watkins; Brittany Ruiz – Latham & Watkins; Ian Schuman – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Casper Sleep;

Author: Ambrogio Visconti