Five Below, Inc. Announces Pricing of Its Initial Public Offering
Five Below, Inc. (FIVE) announced today the pricing of its initial public offering of 9,615,384 shares of its common stock at a price to the public of $17.00 per share. The shares will be listed on the Nasdaq Global Select Market and will trade under the ticker symbol "FIVE" beginning on July 19, 2012. Five Below is offering 4,807,692 shares of common stock and selling shareholders are offering 4,807,692 shares of common stock. The underwriters also have an option to purchase up to an additional 1,442,308 shares from certain selling shareholders. Five Below will not receive any proceeds from the sale of shares by the selling shareholders.
- Published: 19 July 2012
- Written by Editor