Genius Sports announces proposed public offering of ordinary shares

Genius Sports has informed the offering of its ordinary shares with the help of Goldman Sachs.

Press release.- Genius Sports Limited (NYSE: GENI) today announced that it has commenced an underwritten public offering of 20,000,000 ordinary shares, consisting of 12,000,000 shares being offered by Genius Sports and 8,000,000 shares being offered by certain of its shareholders (the “Selling Shareholders”).

Genius Sports intends to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 shares. Genius Sports will not receive any proceeds from the sale of ordinary shares offered by the Selling Shareholders.

Genius Sports intends to use the net proceeds it receives from the offering for general corporate purposes.

Goldman Sachs & Co. LLC is acting as bookrunning manager for the proposed offering.

The offering of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by phone at (866) 471‐2526 or by email at [email protected].

A registration statement, including a prospectus, which is preliminary and subject to completion, relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”), but has not yet become effective.

These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy securities, any securities, nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.