Squarespace (NYSE:SQSP) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired with regard to its previously announced transaction involving affiliates of Permira Advisers.

In addition to the U.S. regulatory clearance, the company also received Austrian merger control clearance for the transaction on June 21, 2024. 

This dual approval marks a significant milestone in the progression of the deal, which is expected to bolster Squarespace’s strategic initiatives.