Amer Sports, Inc. (the "Company") (NYSE: AS) today announced the
commencement of an underwritten registered secondary offering of
35,000,000 ordinary shares by entities affiliated with FountainVest
Partners (the “Selling Shareholder”). The Company is not selling
any ordinary shares in the offering and will not receive any
proceeds from the offering.
Goldman Sachs & Co. LLC and BofA Securities are acting as
lead book-running managers for the offering.
The offering is subject to market conditions, and there can be
no assurance as to whether or when the offering may be completed.
Each underwriter proposes to offer the ordinary shares to the
public at a fixed price, which may be changed at any time without
notice.
The issuer has filed an automatically effective registration
statement (including a prospectus) with the Securities and Exchange
Commission (the “SEC”) for the offering to which this communication
relates. Before you invest, you should read the prospectus in that
registration statement, including the documents incorporated by
reference therein, any accompanying prospectus supplement and other
documents the issuer has filed or will file with the SEC for more
complete information about the issuer and this offering. You may
get these documents, when available, for free by visiting EDGAR on
the SEC website at www.sec.gov. Copies of the prospectus and any
accompanying prospectus supplement related to the offering may be
obtained, when available, from: Goldman Sachs & Co. LLC,
Prospectus Department, 200 West Street, New York, NY 10282,
telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing
Prospectus-ny@ny.email.gs.com and BofA Securities, NC1-022-02-25,
201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus
Department, Email: dg.prospectus_requests@bofa.com. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor shall there be any offer or
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. Any offers, solicitations or offers to buy, or any
sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as
amended.
Forward-Looking Statements
This press release contains statements that constitute
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Many of the
forward-looking statements contained herein can be identified by
the use of forward-looking words such as “anticipate,” “believe,”
“may,” “will,” “expect,” “could,” “target,” “predict,” “potential,”
“should,” “plan,” “intend,” “estimate” and “potential,” and similar
expressions. Forward-looking statements appear in a number of
places herein and include, but are not limited to, statements
regarding our intent, belief or current expectations.
Forward-looking statements are based on our management’s beliefs
and assumptions and on information currently available to our
management. Such statements are subject to risks and uncertainties,
and actual results may differ materially from those expressed or
implied in the forward-looking statements due to various factors,
including, but not limited to, those identified under the section
titled “Item 3. Key Information—D. Risk Factors” in our Annual
Report on Form 20-F for the most recently ended fiscal year, which
may be updated from time to time in our other filings with the SEC.
These risks and uncertainties include factors relating to: the
strength of our brands; changes in market trends and consumer
preferences; intense competition that our products, services and
experiences face; harm to our reputation that could adversely
impact our ability to attract and retain consumers and wholesale
partners, employees, brand ambassadors, partners, and other
stakeholders; reliance on technical innovation and high-quality
products; general economic and business conditions worldwide,
including due to inflationary pressures; the strength of our
relationships with and the financial condition of our third-party
suppliers, manufacturers, wholesale partners and consumers; ability
to expand our DTC channel, including the expansion and success of
our retail stores and e-commerce platforms; our plans to innovate,
expand our product offerings and successfully implement our growth
strategies that may not be successful, and implementation of these
plans that may divert our operational, managerial and
administrative resources; our international operations, including
any related to political uncertainty and geopolitical tensions;
changes in trade policies, including tariffs and other trade
restrictions; our and our wholesale partners’ ability to accurately
forecast demand for our products and our ability to manage
manufacturing decisions; our third party suppliers, manufacturers
and other partners, including their financial stability and our
ability to find suitable partners to implement our growth strategy;
the cost of raw materials and our reliance on third-party
manufacturers; our distribution system and ability to deliver our
brands’ products to our wholesale partners and consumers; climate
change and sustainability-related matters, or legal, regulatory or
market responses thereto; current and further changes to trade
policies, tariffs, import/export regulations and, anti-competition
regulations in the United States, EU, PRC and other jurisdictions,
or our failure to comply with such regulations, may have a material
adverse effect on our reputation, business, financial condition and
results of operations; the use and reliance on artificial
intelligence can potentially cause intellectual property rights
issues, security vulnerabilities, harm our business reputation,
negatively impact our operations and impact our financial results;
ability to obtain approvals from PRC authorities to remain listed
on the U.S. exchanges and offer securities in the future; ability
to obtain, maintain, protect and enforce our intellectual property
rights in our brands, designs, technologies and proprietary
information and processes; ability to defend against claims of
intellectual property infringement, misappropriation, dilution or
other violations made by third parties against us; security
breaches or other disruptions to our information technology (“IT”)
systems; our reliance on a large number of complex IT systems;
changes in government regulation and tax matters; our ability to
remediate our material weakness in our internal control over
financial reporting; our relationship with ANTA Sports Products
Limited (“ANTA Sports”); our expectations regarding the time during
which we will be a foreign private issuer; and other risk factors
discussed under “Item 3. Key Information—D. Risk Factors” in our
Annual Report on Form 20-F for the most recently ended fiscal year,
which may be updated from time to time in our other documents filed
or furnished with the SEC. Forward-looking statements speak only as
of the date they are made, and we do not undertake any obligation
to update them in light of new information or future developments
or to release publicly any revisions to these statements in order
to reflect later events or circumstances or to reflect the
occurrence of an unanticipated event.
About Amer Sports, Inc.
Amer Sports is a global group of iconic sports and outdoor
brands, including Arc’teryx, Salomon, Wilson, Peak Performance, and
Atomic. Our brands are known for their detailed craftsmanship,
unwavering authenticity, and premium market positioning. As
creators of exceptional apparel, footwear, and equipment, we pride
ourselves on cutting-edge innovation, performance, and designs that
allow elite athletes and everyday consumers to perform their
best.
With over 13,400 employees globally, Amer Sports’ purpose is to
elevate the world through sport. Our vision is to be the global
leader in premium sports and outdoor brands. With corporate offices
in Helsinki, Munich, Kraków, New York, and Shanghai, we have
operations in 42 countries and our products are sold in 100+
countries. Amer Sports generated $5.2 billion in revenue in 2024.
Amer Sports, Inc. shares are listed on the New York Stock
Exchange.
Source: Amer Sports, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20250528799884/en/
Investor Relations: Omar Saad Senior Vice President Group
Investor Relations and Capital Markets omar.saad@amersports.com
Media: Päivi Antola Senior Vice President, Communications
media@amersports.com
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