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ANGI Homeservices prices secondary public offering of shares

ANGI Homeservices Inc. on Dec. 11 priced a secondary public offering of 1,504,082 shares of the company's class A common stock by certain affiliates of General Catalyst at $16.40 per share.

The selling stockholders originally received the offered shares in connection with ANGI Homeservices' acquisition of Handy Technologies Inc., which closed in October.

The selling stockholders will receive all of the proceeds and ANGI Homeservices will not receive any proceeds from the sale. The offering is expected to close Dec. 13, subject to the satisfaction of customary closing conditions.

Goldman Sachs & Co. LLC is acting as sole underwriter for the offering.