1stdibs.com Inc. (DIBS) Prices 5.75M Share IPO at $20/Sh

1stdibs.com, Inc. (NASDAQ: DIBS) announced today the pricing of its initial public offering of an aggregate of 5,750,000 shares of its common stock at a price to the public of $20.00 per share. The shares are expected to begin trading on The Nasdaq Global Market under the ticker symbol “DIBS” on June 10, 2021. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $115 million, excluding any exercise of the underwriters’ over-allotment option. The offering is expected to close on June 14, 2021, subject to customary closing conditions.

In addition, 1stDibs has granted the underwriters a 30-day option to purchase up to 862,500 additional shares of common stock at the initial price to the public, less underwriting discounts and commissions.

BofA Securities and Barclays are acting as joint lead book-running managers, Allen & Company LLC and Evercore ISI are acting as joint bookrunner managers, and William Blair, Raymond James and JMP Securities are acting as co-managers for the offering.

The offering is being made only by means of a prospectus.

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