SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of June 2021
Commission File Number 001-40408
Global-E Online Ltd.
(Translation of registrants name into English)
25 Basel Street,
Petah Tikva 4951038, Israel
(Addresses of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On May 26, 2021, Global-E Online Ltd. (the Company) issued a press release announcing that the underwriters in the Companys initial public offering of ordinary shares have exercised in full their option to purchase an additional 2,250,000 ordinary shares at a price of $25 per share, resulting in additional gross proceeds to the Company of $56,250,000. A copy of this press release is attached to this Form 6-K as Exhibit 99.1.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|GLOBAL-E ONLINE LTD.|
|Dated: June 1, 2021||By:||/s/ Amir Schlachet|
|Title:||Chief Executive Officer|
The following exhibits are furnished as part of this Form 6-K:
|99.1||Press release dated May 26, 2021 titled Global-e Announces Exercise in Full of the Underwriters Option to Purchase Additional Shares|
Global-e Announces Exercise in Full of the Underwriters Option to
Purchase Additional Shares
PETAH-TIKVA, Israel, May 26, 2021 Global-e Online Ltd. (Global-e), the worlds leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce, today announced the underwriters of the previously announced and closed initial public offering of ordinary shares have fully exercised their option to purchase an additional 2,250,000 ordinary shares at the initial public offering price of $25 per share, less underwriting discounts and commissions. After giving effect to the full exercise of the underwriters option to purchase additional shares, Global-e has issued a total of 17,250,000 ordinary shares in the initial public offering for gross proceeds of $431,250,000, before deducting underwriting discounts and commissions.
Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Jefferies LLC served as lead book-running managers for the offering. Piper Sandler & Co., JMP Securities LLC, KeyBanc Capital Markets Inc. and Raymond James & Associates, Inc. served as co-managers for the offering.
The offering was made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from:
Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, via telephone: 1-866-471-2526 or via email at firstname.lastname@example.org
Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department
Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022; by phone at (877) 821-7388; or by e-mail at Prospectus_Department@Jefferies.com
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on May 11, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Global-e is the worlds leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The chosen partner of more than 440 global brands and retailers across the United States, Europe and Asia, Global-e makes selling internationally as simple as selling domestically. Founded in 2013 by Amir Schlachet, Shahar Tamari and Nir Debbi, the company enables e-commerce retailers to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-es end-to-end e-commerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast cross-border experience, enabling international shoppers to buy seamlessly online and retailers to sell from, and to, anywhere in the world.
Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC