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Birkenstock (NYSE:BIRK) Holding plc, the renowned footwear company, announced today that it has successfully closed a secondary offering of 20,027,344 ordinary shares, including an additional 2,100,000 shares purchased by underwriters as part of a 30-day option exercised on Thursday. The shares sold at a public offering price of $52.50 each under an underwriting agreement dated May 28, 2025, involving major financial institutions such as Goldman Sachs & Co (NYSE:GS). LLC, J.P. Morgan Securities LLC, and BofA Securities, Inc.
Concurrent with the offering, Birkenstock also repurchased 3,927,344 ordinary shares from the underwriters at the same price paid to the selling shareholder, BK LC Lux MidCo S.à r.l. These repurchased shares will be canceled and will no longer be outstanding following the completion of the redemption process.
The offering and share redemption were made pursuant to the company’s registration statement on Form F-3, filed with the Securities and Exchange Commission (SEC) on February 13, 2025, and included a base prospectus, a preliminary prospectus supplement, and a final prospectus supplement filed with the SEC on May 29, 2025.
The details of the underwriting agreement were provided in the full text of the document, which is available as an exhibit to the filing. This report on Form 6-K, as per SEC regulations, will be considered filed and incorporated by reference into the company’s registration statements on Form F-3ASR and Form S-8.
This announcement is based on the latest 6-K filing by Birkenstock Holding plc with the SEC.
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