REVOLVE Announces Pricing of Initial Public Offering
June 06 2019 - 6:59PM
Business Wire
Revolve Group, Inc. (NYSE: RVLV) today announced the pricing of
its initial public offering of 11,764,706 shares of its Class A
common stock at a price to the public of $18.00 per share.
2,941,176 of the shares are being offered by REVOLVE, and 8,823,530
of the shares are being offered by certain selling stockholders.
The underwriters also have an option for 30 days to purchase up to
an additional 1,764,705 shares of Class A common stock from REVOLVE
and the selling stockholders at the initial public offering price,
less underwriting discounts. The shares are expected to begin
trading on the New York Stock Exchange under the ticker symbol
“RVLV” on June 7, 2019. The offering is expected to close on June
11, 2019, subject to customary closing conditions.
Morgan Stanley & Co. LLC and Credit Suisse Securities (USA)
LLC are acting as lead joint bookrunning managers for the offering.
BofA Merrill Lynch is acting as joint bookrunning manager for the
offering. Barclays Capital Inc. and Jefferies LLC are acting as
bookrunning managers for this offering, and Cowen and Company, LLC,
Guggenheim Securities, LLC, Raymond James & Associates, Inc.
and William Blair & Company, L.L.C. are acting as co-managers
for this offering.
The offering is being made only by means of a prospectus filed
as part of an effective registration statement filed with the
Securities and Exchange Commission on Form S-1. Copies of the final
prospectus relating to this offering, when available, may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by
telephone at 1-866-718-1649; or Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, Eleven Madison Avenue, 3rd floor,
New York, NY 10010, by telephone at 1-800-221-1037, or by email at
usa.prospectus@credit-suisse.com.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission and was declared
effective on June 6, 2019. Copies of the registration statement, as
amended, can be accessed through the Securities and Exchange
Commission’s website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190606005898/en/
Investor Relations:Investor
Relations1-562-282-4990IR@revolve.comMedia:Kendall
SargeantKendall.Sargeant@revolve.com
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