Pattern Group prices secondary offering of 8 million shares at $19 each

Pattern Group Inc. (Nasdaq: PTRN) announced the pricing of a secondary public offering of 8,000,000 shares of Series A common stock at $19.00 per share, according to a company press release.

The shares are being sold by an entity affiliated with Knox Lane LP, a pre-IPO stockholder of Pattern. Pattern will not receive any proceeds from the offering, as all net proceeds will go to the selling stockholder.

The selling stockholder has granted underwriters a 30-day option to purchase up to an additional 1,200,000 shares of Series A common stock. The offering is expected to close on June 18, 2026, subject to customary closing conditions.

J.P. Morgan and Goldman Sachs & Co. LLC are acting as lead book-running managers. Evercore ISI and Jefferies are serving as joint book-running managers. Baird, BMO Capital Markets, KeyBanc Capital Markets, Needham & Company, Stifel, and William Blair are acting as additional book-running managers.

A registration statement for the offering has been filed with and declared effective by the Securities and Exchange Commission.

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