Wynn Resorts Announces Pricing of Public Offering of Common Stock
February 08 2021 - 7:52PM
Business Wire
Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) today
announced the pricing of its follow-on offering of 6,500,000 shares
of its common stock in an underwritten public offering, which
represents an increase of 1,000,000 shares of common stock in the
previously announced size of the offering, at a price to the public
of $115.00 per share. Wynn Resorts has also granted the
underwriters a 30-day option to purchase up to an additional
975,000 shares of common stock. Wynn Resorts expects to use the net
proceeds from the offering for general corporate purposes.
The offering is expected to close on February 11, 2021, subject
to customary closing conditions.
Deutsche Bank Securities, Goldman Sachs & Co. LLC and BofA
Securities are acting as joint lead book-running managers for the
offering.
An effective shelf registration statement relating to these
securities was previously filed with the Securities and Exchange
Commission (the “SEC”) on November 6, 2019. The offering of these
securities is being made only by means of a prospectus supplement
and the accompanying prospectus. A final prospectus supplement
describing the terms of the offering will be filed with the SEC.
Before you invest, you should read the prospectus, the prospectus
supplement and the documents incorporated by reference therein for
more complete information about Wynn Resorts and the offering. You
may get these documents for free by visiting the SEC’s website at
www.sec.gov. Alternatively, copies of the prospectus supplement and
accompanying prospectus, when available, may be obtained from
Deutsche Bank Securities Inc., Prospectus Group, 60 Wall Street,
New York, NY 10005, or by telephone at (800) 503-4611, or by email
at prospectus.CPDG@db.com, Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, NY 10282, or by
phone at (866) 471‐2526, or by email at
prospectus-ny@ny.email.gs.com, or BofA Securities, Inc., Attention:
Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd
floor, Charlotte NC 28255-0001, or by email at
dg.prospectus_requests@bofa.com.
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.
Forward-looking Statements
This release contains forward-looking statements regarding the
proposed offering. Such forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from those expressed in these forward-looking
statements. For example, the offering is subject to market and
other conditions outside of Wynn Resorts’ control. These
forward-looking statements are not guarantees of future
performance, conditions or results. For a discussion of additional
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see Wynn
Resorts’ Annual Report on Form 10-K for the year ended December 31,
2019 and Wynn Resorts’ other periodic reports filed with the SEC.
Wynn Resorts is under no obligation to (and expressly disclaims any
such obligation to) update or revise its forward-looking statements
as a result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210208005928/en/
Investor Contact: Vincent Zahn, Wynn Resorts 702-770-7555
investorrelations@wynnresorts.com
Media Contact: Michael Weaver, Wynn Resorts 702-770-7501
michael.weaver@wynnresorts.com
Wynn Resorts (NASDAQ:WYNN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wynn Resorts (NASDAQ:WYNN)
Historical Stock Chart
From Apr 2023 to Apr 2024