SharkNinja Announces Pricing of Increased Secondary Offering of Ordinary Shares

08/20/2025 – 10:30 PM

NEEDHAM, Mass. – SharkNinja, Inc. (NYSE: SN), the company behind your favorite blenders and vacuums, announced the pricing of a secondary offering that’s making waves on Wall Street. Certain selling shareholders affiliated with CJ Xuning Wang, SharkNinja’s Chairperson, are cashing in, offering 5,500,000 ordinary shares at a cool $116.00 a pop. Initially planned for 5,000,000 shares, the savvy move upped the ante, signaling strong investor demand.

Shares are being offered by selling stockholders. This equates to Wang cashing out some share holdings..

The Selling Shareholders are giving the underwriters an option to snag an additional 825,000 shares within the next 30 days, potentially adding even more sizzle to this deal. The offering is slated to close on August 22, 2025, pending the usual regulatory green lights.

Crucially, SharkNinja itself isn’t selling any shares in this offering and won’t see a dime of the proceeds. This is purely a move by existing shareholders to capitalize on the company’s strong performance.

J.P. Morgan and BofA Securities are steering the ship as joint lead book-running managers, ensuring a smooth journey through the financial markets.

The offering is being made under a registration statement filed with the SEC. Investors are urged to dive into the prospectus supplement and accompanying prospectus for a complete picture of SharkNinja and the offering before making any decisions. Copies can be obtained from J.P. Morgan Securities LLC and BofA Securities.

This announcement isn’t an invitation to buy or sell securities, and it’s void where such transactions would be illegal.

About SharkNinja

SharkNinja has built a reputation on delivering innovative, highly-rated products that make life easier for consumers worldwide. With its Shark and Ninja brands, the company has successfully disrupted numerous product categories, achieving significant market share gains. Headquartered in Needham, Massachusetts, SharkNinja boasts over 3,600 employees and sells its products through key retailers, online platforms, and distributors globally.

Forward-Looking Statements

This announcement includes forward-looking statements, which are subject to various risks and uncertainties. Actual results may differ materially from those anticipated due to factors outlined in the registration statement, prospectus supplement, and other SEC filings. SharkNinja is under no obligation to update these statements unless required by law.

SharkNinja Announces Pricing of Increased Secondary Offering of Ordinary Shares