The Chefs' Warehouse (CHEF) IPO Prices at $15, Middle of Range
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The Chefs' Warehouse, Inc. (Nasdaq: CHEF) priced its initial public offering of 9,000,000 shares of common stock at $15 per share, the middle of the expected $14-$16 range. The offering size was raised from 8,000,000 shares. Shares are expected to open on the NASDAQ today at around 10:40AM ET.
Jefferies & Company, Inc., BMO Capital Markets Corp. and Wells Fargo Securities, LLC are acting as joint book-running managers of this offering.
The Chefs' Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States focused on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools and specialty food stores.
Jefferies & Company, Inc., BMO Capital Markets Corp. and Wells Fargo Securities, LLC are acting as joint book-running managers of this offering.
The Chefs' Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States focused on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools and specialty food stores.
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