Pattern Group’s secondary offering by a pre-IPO stockholder prices 8M shares at $19.00 per share.
Pattern Group (PTRN) has priced a secondary public offering of 8 million shares of Series A common stock at $19.00 per share. The shares are being sold by an entity affiliated with Knox Lane LP, a pre-IPO stockholder of the company.
The offering follows Pattern’s private placement rounds and precedes its anticipated initial public offering. No new shares are being issued by the company, and proceeds will go directly to the selling stockholder.
The transaction provides liquidity for early investors ahead of Pattern’s IPO, though no immediate market reaction was disclosed.