Latham & Watkins Advises on Squarespace’s Secondary Offering of Class A Common Stock

On September 15, 2023, Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, closed a secondary underwritten public offering of 5,000,000 shares of the Company's Class A common stock by General Atlantic at a price to the public of US$29.00 per share. The initial purchasers exercised in full their option to purchase an additional 750,000 shares of Class A Common Stock. All of the shares in the offering were sold by the selling stockholder. The Company did not receive any proceeds from the sale of the shares by the selling stockholder.

Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by partners Marc Jaffe, Greg Rodgers, and Benjamin Cohen, with associates Katherine Lovejoy and James Dorian. Advice was also provided on tax matters by partner Jiyeon Lee-Lim, with associate Eni Kassim; on intellectual property matters by partner Jeff Tochner, with associate Dewey Kang; on data privacy & security matters by partner Robert Blamires, with counsel Robert Brown and associate Kathryn Parsons-Reponte.