Arhaus Prices IPO At $13/Share, Below Expected Range

Benzinga2021-11-04
  • Home furnishings retailer Arhaus Inc NASDAQARHShas priced its initial public offering (IPO) of 12.9 million shares at $13.00 per share.
  • The company had expected to price the IPO at $14 -$17 earlier.
  • The underwriters will have a 30-day option to purchase up to an additional 1.9 million shares from the company.
  • The shares are expected to begin trading on the Nasdaq Global Select Market on Thursday, November 4, 2021, under the ticker symbol "ARHS."
  • The offering is expected to close on November 8, 2021, subject to customary closing conditions.
  • BofA Securities and Jefferies LLC are acting as joint lead book-running managers and as representatives for the proposed offering.
免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

发表看法
13