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NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is representing Bumble, Inc. (“Bumble” or the “Company”) (NASDAQ:BMBL). Complaints have been filed on behalf of investors who directly purchased the Company’s Class A common stock in the September 2021 secondary public offering (“SPO”).
On or about September 10, 2021, Bumble conducted an SPO in which its controlling shareholder, Blackstone Group Inc., sold 20.7 million shares of Bumble Class A common stock to the public at a price of $54.00 per share.
Then, on November 10, 2021, Bumble released its financial results for the third quarter of 2021 for the quarter ended September 30, 2021, and disclosed that Bumble’s total number of paying users did not increase, but…
The full story is available on Benzinga.com
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