This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fox Factory Holding Corp. Announces Closing Of Initial Public Offering

SCOTTS VALLEY, Calif., Aug. 13, 2013 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq:FOXF) today announced the closing of its previously announced initial public offering of an aggregate of 9,857,143 shares of common stock at an initial offering price to the public of $15.00 per share, which shares include the exercise in full by the underwriters of their option to purchase 1,285,714 shares of common stock from the selling stockholders. FOX estimates that it received net proceeds of approximately $36.5 million, after deducting underwriting discounts and commissions and other estimated offering expenses, from the sale by it of 2,857,143 shares of common stock. FOX did not receive any proceeds from the sale of shares by the selling stockholders.

The shares began trading on the Nasdaq Global Select Market on August 8, 2013 under the ticker symbol "FOXF."

Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C. and Piper Jaffray & Co. acted as joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated, SunTrust Robinson Humphrey, Inc., BB&T Capital Markets, a division of BB&T Securities, LLC, and CJS Securities, Inc. acted as co-managers.

The offering was made solely by means of a prospectus. A copy of the final prospectus related to the offering can be obtained from Robert W. Baird & Co. Incorporated at 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202, Attention: Syndicate Department, telephone: (800) 792-2473 or email: syndicate@rwbaird.com; William Blair & Company, L.L.C. at Attention: Prospectus Department, 222 West Adams Street, Chicago, IL 60606, telephone: (800) 621-0687, or email: prospectus@williamblair.com; or Piper Jaffray & Co. at Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, telephone: (800) 747-3924 or email: prospectus@pjc.com.

A registration statement relating to the offering was declared effective by the Securities and Exchange Commission on August 7, 2013. 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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs