BOSTON--(BUSINESS WIRE)-- Wayfair, one of the world’s largest online destinations for home furnishings and décor, today announced the closing of its previously announced initial public offering of 12,650,000 shares of its Class A common stock at a price to the public of $29.00 per share, which included 1,650,000 shares purchased upon the exercise in full of the underwriters' option to purchase additional shares. A total of 10,500,000 shares were sold by Wayfair, and a total of 2,150,000 shares were sold by certain selling stockholders. Wayfair did not receive any proceeds from the sale of shares by the selling stockholders.
