PHOENIX, March 31, 2014 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the " Company") (Nasdaq:SFM) today announced that the underwriters of the recently announced public offering of its common stock by affiliates of Apollo Global Management, LLC (" Apollo"), and certain other stockholders of the Company (collectively, the " Selling Stockholders") have exercised their option to purchase an additional 2,250,000 shares of common stock at a public offering price of $33.75 per share. The exercise of the underwriters' option brings the total number of shares of common stock sold in the offering to 17,250,000. The offering is scheduled to close on April 2, 2014, subject to customary closing conditions. The Selling Stockholders will receive all of the proceeds from the offering.
Sprouts Farmers Market Announces Exercise Of Underwriters' Option To Purchase Additional Shares
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.