Company: RACE
Filing Date: 2025-02-26
Form Type: 424B7
Source: 0001104659-25-017340
Chunk: 19

Company: Ferrari N.V.
Filing Date: 2025-02-26
Form: 424B7
Chunk 19
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 Offerings are subject to approval of legal matters by counsel and to other conditions. The underwriters are obligated to purchase all of the Common Shares if they are obligated to purchase any of the Common Shares. Common Shares sold by the underwriters to the public will initially be offered at the Offering Price set forth on the cover page of this prospectus supplement. Any Common Shares sold by the underwriters to securities dealers may be sold at a discount of up to $ or € per Common share from the Offering Price. After the initial offering of the Common Shares, the representatives may change the Offering Price and the other selling terms. The offering of the Common Shares by the underwriters is subject to receipt and acceptance and subject to the underwriters’ right to reject any order in whole or in part. Certain of the underwriters may not be U.S. registered broker-dealers and accordingly will not effect any sales within the United States except in compliance with applicable U.S. laws and regulations, including the rules of FINRA. The Selling Securityholder has agreed with the underwriters that, for a period of 360 days after the date of this prospectus supplement, the Selling Securityholder will not (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Common Shares or any securities convertible into or exercisable or exchangeable for Common Shares, or publicly disclose the intention to make any offer, sale, pledge, disposition or filing or (ii) enter into any hedging, swap or other agreement or transaction that transfers, in whole or in part, any of the economic consequences of ownership of the Common Shares or any such other securities, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Common Shares or such other securities, in cash or otherwise, without the prior written consent of Goldman Sachs Bank Europe SE and J.P. Morgan Securities LLC, other than the Common Shares to be sold pursuant to this prospectus supplement. On February 25, 2025, we entered into the Commitment Letter, pursuant to which we entered into the Commitment. The closing of the Share Buyback is expected to occur as part of and concurrently with the closing of the Offerings. Our Commitment is conditional on completion of the Offerings, and compliance with the terms of our existing shareholder approval for share repurchases, as described