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Acushnet Holdings (GOLF) Prices 19.3M Common Stock IPO at $17/Share, Below Expected Range

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Acushnet Holdings Corp. Announces Pricing of Initial Public Offering

October 27, 2016 8:17 PM EDT

FAIRHAVEN, Mass.--(BUSINESS WIRE)-- Acushnet Holdings Corp. (NYSE: GOLF) (Acushnet) today announced the pricing of the initial public offering of shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the Commission). All 19,333,333 shares of common stock to be sold in the offering will be sold by existing stockholders of Acushnet. The underwriters in the offering have a 30-day over-allotment option to purchase up to an additional 2,899,999 shares of common stock from the selling stockholders. The initial public offering price is $17.00 per share.

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