IPO for Wine Maker Truett-Hurst (THST) Opens Flat
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The IPO for Truett-Hurst, Inc. (NASDAQ: THST) opened for trading at $5.94, after pricing 2,700,000 shares at $6.00 per share.
W.R. Hambrecht + Co., LLC is leading the IPO, which was made through its OpenIPO auction-based process that opens participation to all investors. CSCA Capital Advisors, LLC, Feltl and Company, Inc. and Sidoti & Company, LLC are serving as co-managers for the offering.
Truett is an innovative and fast-growing super-premium and ultra-premium wine sales, marketing and production company based in the acclaimed Dry Creek and Russian River Valleys of Sonoma County, California. Truett is recognized for their work in private label development and Truett-Hurst, VML, Bradford Mountain, and Healdsburg Ranches brands. Truett is an "emerging growth company" as defined in the JOBS Act and following the public offering, will take advantage of certain exemptions from various reporting requirements applicable to other public companies. Truett is headquartered in Healdsburg, California.
W.R. Hambrecht + Co., LLC is leading the IPO, which was made through its OpenIPO auction-based process that opens participation to all investors. CSCA Capital Advisors, LLC, Feltl and Company, Inc. and Sidoti & Company, LLC are serving as co-managers for the offering.
Truett is an innovative and fast-growing super-premium and ultra-premium wine sales, marketing and production company based in the acclaimed Dry Creek and Russian River Valleys of Sonoma County, California. Truett is recognized for their work in private label development and Truett-Hurst, VML, Bradford Mountain, and Healdsburg Ranches brands. Truett is an "emerging growth company" as defined in the JOBS Act and following the public offering, will take advantage of certain exemptions from various reporting requirements applicable to other public companies. Truett is headquartered in Healdsburg, California.
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