REVOLVE Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
June 11 2019 - 4:05PM
Business Wire
Revolve Group, Inc. (NYSE: RVLV) today announced the closing of
its initial public offering of 13,529,411 shares of its Class A
common stock, which includes the full exercise of the underwriters’
option to purchase 1,764,705 additional shares, at a price to the
public of $18.00 per share. 3,382,352 of the shares were offered by
REVOLVE, and 10,147,059 of the shares were offered by certain
selling stockholders. The shares began trading on the New York
Stock Exchange under the ticker symbol “RVLV” on June 7, 2019.
Morgan Stanley & Co. LLC and Credit Suisse Securities (USA)
LLC acted as lead joint bookrunning managers for the offering. BofA
Merrill Lynch acted as joint bookrunning manager for the offering.
Barclays Capital Inc. and Jefferies LLC acted 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. acted as co-managers for this
offering.
The offering was 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 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/20190611005923/en/
Investor Relations:Investor
Relations1-562-282-4990IR@revolve.com
Media:Kendall SargeantKendall.Sargeant@revolve.com
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