Blackstone registered to sell around 16% of its outstanding shares at 9% discount to Wednesday’s closing price
- Blackstone registered to sell around 16.7M shares (around 16% of Bumble’s outstanding shares), cutting into its 27% stake. The sales, made through entities called “BX Buzz,” were priced around $6.50 per share, below the prior $7.15 close.
- Whitney Wolfe Herd, who recently returned as CEO, filed to sell around 1.4M of her 2.1M shares (about $9.7M at the prior close).