The Technology team advised Poshmark, Inc. (Nasdaq: POSH) on its initial public offering of 6,600,000 shares of its Class A common stock at a price to the public of $42 per share. In addition, the underwriters have a 30-day option to buy up to an additional 990,000 shares of Class A common stock from the company at the IPO price, less underwriting discounts and commissions.
Poshmark is a leading social marketplace for new and secondhand style for women, men, kids, home, and more.
The Goodwin team was led by Anthony McCusker and Heidi Mayon and included Liz Telefus, Sona Karakashian, Hilarie Bellis, James Nikraftar, Samira Seraji, Lynda Galligan, Monica Patel, Andre Amorim, Jennifer Fagan, Jim Riley, Ben Horwitz, David Kantrowitz, and Robert Carroll.
For more details, read the press release.