Fox Factory Holding Corp. Announces Closing Of Secondary Public Offering

SCOTTS VALLEY, Calif., Nov. 22, 2016 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ:FOXF) (the "Company"), today announced the closing of the previously announced secondary public offering of 4,025,000 shares of the Company's common stock by its existing stockholders (the "Selling Stockholders"), including Compass Group Diversified Holdings LLC ("Compass"), to Robert W. Baird & Co. Incorporated and William Blair & Company, L.L.C. (the "Underwriters") at a price to the public of $21.00 per share. The aggregate shares sold include 525,000 shares in connection with the exercise in full of the Underwriters' option to purchase additional shares. The Selling Stockholders received all of the proceeds from the offering. No shares were sold by the Company.

Robert W. Baird & Co. Incorporated and William Blair & Company, L.L.C. acted as the underwriters for the offering.

The sale of the shares by the Selling Stockholders was made pursuant to the Company's Registration Statement on Form S-3 (Registration No. 333-203146) (the "Registration Statement"), including a prospectus supplement dated November 16, 2016 to the base prospectus contained in the Registration Statement, filed by the Company with the Securities and Exchange Commission pursuant to Rule 424(b)(7) under the Securities Act of 1933, as amended. Copies of the final registration statement, prospectus, prospectus supplement and other documents the Company has made available with the SEC may be obtained free of charge by visiting EDGAR on the SEC website at Alternatively, copies of the prospectus and accompanying prospectus supplement, may be obtained from: Robert W. Baird & Co. Incorporated, Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, or by calling 800-792-2473, or by e-mailing, and William Blair & Company, L.L.C., Attention: Prospectus Department, 222 West Adams Street, Chicago, Illinois 60606, by calling 800-621-0687, or by emailing

As a result of the completion of the offering, Compass now owns approximately 14% of the Company's shares outstanding, as compared to approximately 23% prior to the offering.

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