Volcom, Inc. Announces Close of Initial Public Offering of Common Stock and Underwriters' Over-Allotment Option
06 Luglio 2005 - 10:30PM
Business Wire
Volcom, Inc. (NASDAQ:VLCM) today announced the close of its initial
public offering of 4,687,500 shares of common stock at a price of
$19.00 per share and the simultaneous close of the underwriters'
over-allotment option to purchase an additional 703,125 shares of
common stock at the initial public offering price. Volcom sold
4,187,500 shares in the offering and 453,125 shares pursuant to the
underwriters' over-allotment option. Certain selling stockholders
of Volcom sold the remaining 500,000 shares in the offering and
250,000 shares pursuant to the underwriters' over-allotment option.
The shares are quoted on the NASDAQ Stock Market's National Market
under the symbol "VLCM." The underwriters of the offering were
Wachovia Capital Markets, LLC, D.A. Davidson & Co. and Piper
Jaffray & Co. The offering of the securities is made only by
means of a final prospectus, copies of which may be obtained from
Wachovia Capital Markets, Attn: Equity Capital Markets, 7 St. Paul
Street, Baltimore, Maryland 21202, from D.A. Davidson & Co.,
Equity Capital Markets, Two Centerpointe Drive, Suite 400, Lake
Oswego, Oregon 97035-8629, or from Piper Jaffray & Co., 800
Nicollet Mall, Suite 800, Attn: Equity Capital Markets,
Minneapolis, Minnesota 55402. A registration statement relating to
these securities was declared effective by the Securities and
Exchange Commission on June 29, 2005. 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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