Planet Fitness (PLNT) Stockholders to Sell 15M Shares in Secondary Offering
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Planet Fitness, Inc. Announces Secondary Offering of Class A Common Stock by Selling Stockholders
November 16, 2016 4:28 PM ESTNEWINGTON, N.H., Nov. 16, 2016 /PRNewswire/ --Â Planet Fitness, Inc. (NYSE: PLNT) ("Planet Fitness" or the "Company") today announced that certain of its existing stockholders (the "Selling Stockholders") intend to offer for sale 15 million shares of its Class A common stock pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission.
The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.
J.P. Morgan will act as underwriter for the offering.
A shelf... More
