Mattress Firm (MFRM) Closes 5.4M Offering; Adds GNC (GNC) CEO Fortunato to Board
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Mattress Firm Holding Corp. (NASDAQ: MFRM) (the “Company”) today announced that the previously announced public offering by certain of its stockholders (the “Selling Stockholders”) of 5,435,684 shares of the Company’s common stock, which includes 709,002 shares sold pursuant to the underwriters’ over-allotment option, has closed.
The offering consisted entirely of secondary shares to be sold by the Selling Stockholders. The Company did not sell any shares of common stock in the offering and has not received any proceeds from the sale.
Effective October 10, 2012, Mr. Joseph M. Fortunato, chairman, president and chief executive officer of General Nutrition Centers, Inc. (NYSE: GNC), will join the Company as a member of its Board of Directors and will also serve on the audit committee.
The offering consisted entirely of secondary shares to be sold by the Selling Stockholders. The Company did not sell any shares of common stock in the offering and has not received any proceeds from the sale.
Effective October 10, 2012, Mr. Joseph M. Fortunato, chairman, president and chief executive officer of General Nutrition Centers, Inc. (NYSE: GNC), will join the Company as a member of its Board of Directors and will also serve on the audit committee.
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