Fiverr International’s $110 Million Initial Public Offering

Latham & Watkins LLP represented Fiverr in the offering.

Fiverr International Ltd. (“Fiverr”), an Israeli startup offering an online platform that connects businesses with freelancers, 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 shares begun trading on the New York Stock Exchange on June 13, 2019 under the ticker symbol “FVRR.”

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.

J.P. Morgan Securities LLC and Citigroup Global Markets Inc. acted as lead joint book-running managers for the proposed offering. BofA Merrill Lynch and UBS Securities LLC also acted as book-running managers for the proposed offering. JMP Securities LLC, Needham & Company, LLC and Oppenheimer & Co. Inc. acted as co-managers for the proposed offering.

Latham & Watkins LLP represented Fiverr with a capital markets team led by New York partners Marc Jaffe (Picture), Ian Schuman, and Adam Gelardi and London partner Joshua Kiernan, with New York associates Gilad Zohari and Andrew Weitzel, and London associate Jennifer Gascoyne.

Involved fees earner: Jennifer Gascoyne – Latham & Watkins; Adam Gelardi – Latham & Watkins; Marc Jaffe – Latham & Watkins; Joshua Kiernan – Latham & Watkins; Ian Schuman – Latham & Watkins; Andrew Weitzel – Latham & Watkins; Gilad Zohari – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Fiverr International Ltd.;

Author: Ambrogio Visconti