NEW YORK, May 16, 2024 /PRNewswire/ -- Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $6.6 billion acquisition of Squarespace, Inc. (NYSE: SQSP) by private equity firm Permira. Julie & Holleman has already uncovered several conflicts of interest. For a free, no-risk consultation, please visit https://julieholleman.com/squarespace-inc/, or contact firm partner Scott Holleman at [email protected]. Squarespace is a website building and hosting company based in ...

Tech stocks rose in intraday trading Monday, with the S&P 500 Information Technology Sector Index 0.6% higher as of noon ET, while the tech-heavy Nasdaq was 0.2% higher. The broader S&P 500 was flat. Squarespace (SQSP) shares soared after private equity firm Permira said it was buying the website building and hosting software maker and taking it private. A different private equity firm, Apollo Global Management, is reportedly in advanced talks with Intel (INTC) to provide funding for a new factory in Irela ...

Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace said in a Monday (May 13) press release. Becoming a privately held company will give the website-building platform greater flexibility and resources, the company said in the release. "Squarespace has been at the forefront of providing services to businesses looking to establish the ...

Squarespace (NYSE:SQSP) stock is a hot topic on Monday following news that the business managment company is being taken private in a $6.9 billion deal with global private equity firm Permira.This deal will have investors in SQSP stock receive $44 per share in cash. That represents a 15% premium over the stock’s prior closing price of $38.19. It’s also a 29% premium compared to its 90-day volume-weighted average trading price.A Special Committee of the Squarespace Board of Directors has unanimously approved ...

The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing.Squarespace, the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market.Permira agreed to pay $44 per share in cash, a roughly 30% premium to Squarespace's unaffected share price. In recent years, Squarespace struggled to capture public-market support: It ...

Squarespace, a platform used by SMEs and individuals for building websites, blogs, and online stores, is going private in an all-cash deal that values the company on equity basis at $6.6 billion, or a $6.9 billion enterprise valuation. The acquiring company is U.K.-based private equity firm Permira.This is a breaking story, refresh for updates. ...

Stockholders will receive $44.00 per share in cash, which represents a premium of 29% over the 90-day volume weighted average trading price of $34.09 Anthony Casalena is rolling over a substantial majority of his existing equity and will continue to lead Squarespace as Chief Executive Officer Long-term Investors General Atlantic and Accel to re-invest as part of the go-private agreement NEW YORK, May 13, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs b ...

Great. Thanks for taking my question. It's just one for you, Anthony. You guys brought up design intelligence. How do you envision customers will engage with that interface? Is this an opt-in? Will this be default upon interacting with Squarespace? How does that potentially roll out over time? Anthony Casalena Sure. So, as mentioned in the letter, people can go and take a look on our front site. It's actually linked from the header, squarespace.com/design-intelligence. It's just a real roundup of how we see ...

Squarespace (SQSP) reported $281.15 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 18.6%. EPS of $0.00 for the same period compares to $0.00 a year ago.The reported revenue represents a surprise of +1.80% over the Zacks Consensus Estimate of $276.19 million. With the consensus EPS estimate being -$0.09, the EPS surprise was +100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation or Organization) 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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...