Floor & Decor Holdings, Inc. Announces Closing of Initial Public Offering
May 02 2017 - 5:00PM
Business Wire
Floor & Decor Holdings, Inc. (the “Company” or “Floor &
Decor”) (NYSE:FND) today announced the closing of its initial
public offering of 10,147,025 shares of its common stock at a
public offering price of $21.00 per share, which includes the
exercise in full by the underwriters of their option to purchase
from the Company an additional 1,323,525 shares of common stock at
the initial public offering price, less the underwriting
discount.
The shares began trading on the New York Stock Exchange (NYSE)
on April 27, 2017 under the symbol “FND.”
BofA Merrill Lynch, Barclays, Credit Suisse, UBS Investment
Bank, Goldman, Sachs & Co., Jefferies, Piper Jaffray and Wells
Fargo Securities acted as joint book-running managers for the
offering. Houlihan Lokey acted as co-manager for the offering.
A registration statement relating to these securities has been
filed with, and on April 26, 2017 was declared effective by, the
U.S. Securities and Exchange Commission. The offering is being made
solely by means of a prospectus, copies of which may be obtained
from: BofA Merrill Lynch, Attention: Prospectus Department, 200
North College Street, 3rd Floor, Charlotte, NC 28255-0001; or
Barclays, Attention: Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, telephone: (888) 603-5847, or by
email at Barclaysprospectus@broadridge.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the securities described above, nor
shall there be any sale of such shares of common stock 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.
About Floor & Decor Holdings, Inc.
Floor & Decor is a multi-channel specialty retailer of hard
surface flooring and related accessories, offering a broad in-stock
assortment of tile, wood, laminate and natural stone flooring along
with decorative and installation accessories at everyday low
prices.
Forward-Looking Statements
This release contains forward-looking statements. All statements
other than statements of historical fact contained in this release,
including statements regarding the Company’s future operating
results and financial position, business strategy and plans and
objectives of management for future operations, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other important factors that may cause the
Company’s actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements.
In some cases, you can identify forward-looking statements by
terms such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “could,” “seeks,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“budget,” “potential” or “continue” or the negative of these terms
or other similar expressions. The forward-looking statements in
this release are only predictions. Although the Company believes
that the expectations reflected in the forward-looking statements
in this release are reasonable, the Company cannot guarantee future
events, results, performance or achievements. A number of important
factors could cause actual results to differ materially from those
indicated by the forward-looking statements in this release,
including, without limitation, those factors described in “Risk
Factors,” “Special Note Regarding Forward-Looking Statements,”
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations,” and “Business” sections and elsewhere in
the Company’s registration statement on Form S-1.
Because forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted or
quantified, you should not rely on these forward-looking statements
as predictions of future events. The forward-looking statements
contained in this release speak only as of the date hereof. New
risks and uncertainties arise over time, and it is not possible for
the Company to predict those events or how they may affect the
Company. If a change to the events and circumstances reflected in
the Company’s forward-looking statements occurs, the Company’s
business, financial condition and operating results may vary
materially from those expressed in the Company’s forward-looking
statements. Except as required by applicable law, the Company does
not plan to publicly update or revise any forward-looking
statements contained herein after the Company distributes this
release, whether as a result of any new information, future events
or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170502006844/en/
Investors:ICRFarah Soi/Rachel
Schacter203-682-8200InvestorRelations@flooranddecor.comorMedia:ICRAlecia
Pulman/Brittany
Fraser203-682-8200Alecia.Pulman@icrinc.com/Brittany.Fraser@icrinc.com
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