Ollie's Bargain Outlet (OLLI) Announces 13.7M Share Common Stock Secondary Offering
- Netflix, Inc. (NFLX) Tops Q4 EPS by 1c; Subs Beat Views
- S&P 500 ends up slightly with boost from financials; Netflix up late
- Nestle Said Examining Takeover of Mead Johnson (MJN) - Source
- La Quinta Holdings (LQ) Gains on Plan to Split in Two
- Fed's Yellen says 'makes sense' to gradually raise interest rates
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Ollie’s Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) announced that affiliates of CCMP Capital Advisors, LP (“CCMP”) intend to offer 13,725,798 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in an underwritten public offering. The offering consists entirely of secondary shares to be sold by CCMP. CCMP will receive all of the proceeds from the offering.
No shares are being sold by the Company or any of its officers and directors in this offering. J.P. Morgan and BofA Merrill Lynch are serving as the underwriters for the proposed offering. J.P. Morgan and BofA Merrill Lynch propose to offer the Common Stock from time to time for sale in one or more transactions on the Nasdaq Global Market, in the over-the-counter market, through negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or negotiated prices, subject to their right to reject any order in whole or in part.
An automatic shelf registration statement (including a prospectus) relating to the offering of the common stock has been filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 6, 2016 and became effective upon filing. Before you invest, you should read the registration statement, prospectus, prospectus supplement and other documents the Company has made available with the SEC for information about the Company and the offering. Copies of these documents can be accessed through the SEC’s website at www.sec.gov. Alternatively, a copy of the prospectus and the accompanying prospectus supplement, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewater, NY 11717, Phone: 866-803-9204, or BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, email: email@example.com.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bill Barrett Corporation (BBG) Entered Confidentiality Agreement with Bonanza Creek Energy (BCEI) Pertaining to BCEI's Chapter 11 Proceeding
- Zynerba Pharma (ZYNE) Plans Offering of Common Stock
- Orthofix Int'l (OFIX) Confirms SEC Resolution
Create E-mail Alert Related CategoriesCorporate News, Equity Offerings
Related EntitiesJPMorgan, Merrill Lynch, Bank of America, CCMP Capital, S3
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!