Volcom Announces Exercise of Over-Allotment Option
09 Gennaio 2006 - 11:00PM
Business Wire
Volcom, Inc. (NASDAQ:VLCM) today announced that the underwriters of
its previously announced common stock offering of 5,000,000 shares,
which closed on December 9, 2005, have exercised in part their
over-allotment option granted in connection with the offering and
have purchased an additional 205,530 shares of common stock from
certain selling stockholders identified in the prospectus dated
December 5, 2005. Selling stockholders sold all of the shares in
the over-allotment option and, accordingly, all of the proceeds
from the over-allotment option went to those selling stockholders.
Wachovia Securities was the managing underwriter and sole book
running manager of the offering. D.A. Davidson & Co. and Piper
Jaffray were co-managers of the offering. Copies of the final
prospectus related to this offering may be obtained from Wachovia
Securities, Attn: Equity Capital Markets, 7 St. Paul Street,
Baltimore, MD 21202. The offering was made solely by means of a
prospectus. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any state 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 Volcom, Inc. Volcom is an innovative designer,
marketer and distributor of premium quality young mens and womens
clothing, accessories and related products. The Volcom brand,
symbolized by The Stone, is athlete-driven, creative and forward
thinking. Volcom has consistently followed its motto of "youth
against establishment," and the brand is inspired by the energy of
youth culture. Volcom branded products are sold throughout the
United States and internationally. Volcom's news announcements and
SEC filings are available through the company's website at
www.volcom.com. Information contained on our website does not
constitute part of, nor is it incorporated into, the prospectus
referenced above or any of our SEC filings.
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