SharkNinja (SN) announced that certain selling shareholders affiliated with CJ Xuning Wang, the chairperson of SharkNinja’s board of directors, have commenced an underwritten public offering of 5M ordinary shares of SharkNinja. SharkNinja is not selling any ordinary shares in the offering and will not receive any of the proceeds from the sale. J.P. Morgan and BofA Securities are acting as joint lead book-running managers for the proposed offering.
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