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Firm Advises Casper Sleep Inc. in IPO

February 6, 2020
New York capital markets team advised the global sleep company unicorn on the offering.

Casper Sleep Inc. (“Casper” or the “company”) has announced the pricing of its initial public offering of 8,350,000 shares of its common stock at a price of $12.00 per share. Casper has granted the underwriters a 30-day option to purchase up to an additional 1,252,500 shares of its common stock at the initial public offering price to cover over-allotments. The shares began on the New York Stock Exchange on February 6, 2020 under the ticker symbol “CSPR,” and the offering is expected to close on February 10, 2020, subject to customary closing conditions.

Latham & Watkins LLP represented Casper in the offering with a capital markets team led by New York partners Marc Jaffe, Ian Schuman, and Adam Gelardi, with associates Brittany Ruiz, Katherine Lovejoy, and Matthew DeSilva.