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Squarespace Refresh 2024: Introducing a New Era for Entrepreneurs
Prnewswire· 2024-09-24 10:02
As AI becomes more prevalent, Squarespace is dedicated to helping entrepreneurs harness this technology to enhance their creativity and simplify their business operations so they can focus on their passions. Squarespace is excited to introduce Design Intelligence: a new approach to web design that combines cutting-edge technology, including AI, with two decades of industry-leading design expertise. Built on Squarespace's belief that AI should unlock human creativity, not replace it, the Design Intelligence ...
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Squarespace, Inc. (SQSP)
Newsfile· 2024-09-17 19:01
Bala Cynwyd, Pennsylvania--(Newsfile Corp. - September 17, 2024) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Squarespace, Inc. ("Squarespace" or the "Company") (NYSE: SQSP) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the acquisition of the Company by Permira. Under the terms of the agreement, Squarespace shareholders will receive $46.50 per share in cash representing a trans ...
Squarespace Becomes Private Company With $7.2 Billion Permira Deal
PYMNTS.com· 2024-09-09 20:36
Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 million deal. Now, Permira has sweetened the deal in a transaction worth $7.2 billion, Squarespace announced Monday (Sept. 9), after the amended arrangement got the approval of a special committee of the company board. "Our core focus has been maximizing value and certainty for the unaffiliated stockholders," said M ...
INVESTIGATION: The M&A Class Action Firm Investigates the Merger and Imminent Vote on September 20, 2024, of Squarespace, Inc. - SQSP
Prnewswire· 2024-09-06 18:49
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Squarespace, Inc. (NYSE: SQSP), relating to its proposed merger with Spaceship Group, MergerCo, Inc. Under the terms of the agreement, Spaceship Group will acquire all outstanding common share ...
SQSP Merger Update: Johnson Fistel Continues to Investigate Squarespace and its Directors and Management Following Criticism of the Deal Valuation
GlobeNewswire News Room· 2024-08-15 16:33
SAN DIEGO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced that it is investigating claims on behalf of Squarespace, Inc. (NYSE: SQSP) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Permira. On May 13, 2024, Squarespace informed the public that it has agreed to a deal with Permira, in which stockholders will receive $44.00 per share in an all-cash offer. Upon completion ...
Glazer Capital Details its Opposition to the Proposed Acquisition of Squarespace by Permira
Prnewswire· 2024-08-14 11:00
Calls $44.00 per Share Merger Consideration Offered by Permira Inadequate Considers Industry Standard Methodologies of Transaction Valuation Analysis to Have Been Omitted from Fairness Opinion, Resulting in Significant Undervaluation Believes Flawed, Self-Serving Process Was Designed to Benefit Controlling Shareholders and Permira, to the Detriment of Minority Shareholders Highlights That the Two "Selected Comps" Singled Out by Special Committee's Financial Advisor Have Appreciated More than Premium Offered ...
Are You Looking for a Top Momentum Pick? Why Squarespace (SQSP) is a Great Choice
ZACKS· 2024-08-08 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
What Makes Squarespace (SQSP) a New Buy Stock
ZACKS· 2024-08-08 17:01
Investors might want to bet on Squarespace (SQSP) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Si ...
Squarespace (SQSP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-02 14:35
For the quarter ended June 2024, Squarespace (SQSP) reported revenue of $296.77 million, up 19.9% over the same period last year. EPS came in at $0.04, compared to $0.03 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $293 million, representing a surprise of +1.29%. The company delivered an EPS surprise of -63.64%, with the consensus EPS estimate being $0.11. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Squarespace(SQSP) - 2024 Q2 - Quarterly Report
2024-08-02 13:24
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ [Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------|--- ...