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EWCZ - European Wax Center announces secondary offering of 4.5M shares
European Wax Center Inc.
European Wax Center (NASDAQ:EWCZ) has announced a proposed public offering of 4.5M shares of its Class A common stock by selling stockholders (including stockholders affiliated with General Atlantic). The sellers plan to grant the underwriters a 30-day option to purchase up to an additional 675K shares of Class A common stock. All of the net proceeds from the sale will go to the sellers. EWCZ shares -3% in extended trading