Similarweb’s Initial Public Offering

Latham & Watkins advised the underwriters on the deal.

Similarweb Ltd. (Similarweb) executed its initial public offering of an aggregate of 8,000,000 ordinary shares at a price to the public of US$22.00 per share on the New York Stock Exchange.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Barclays Capital Inc., Jefferies LLC, JMP Securities LLC, Oppenheimer & Co. Inc., and William Blair & Company, L.L.C. acted as underwriters for the offeirng.

In addition, Similarweb has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.

The cross-border Latham deal team advising the underwriters was led by corporate partners Josh Kiernan (Picture), Marc Jaffe, and Nathan Ajiashvili, with associates Gilad Zohari, Matt DeSilva, and Carolina Bernal.

Involved fees earner: Nathan Ajiashvili – Latham & Watkins; Carolina Bernal – Latham & Watkins; Matthew DeSilva – Latham & Watkins; Marc Jaffe – Latham & Watkins; Joshua Kiernan – Latham & Watkins; Gilad Zohari – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Barclays Capital ; Citigroup Global Markets Ltd; J.P. Morgan Securities LLC; Jefferies; JMP Securities LLC; Oppenheimer & Co; William Blair & Company, L.L.C.;

Author: Federica Tiefenthaler