Amplify Snack Brands (BETR) IPO Opens 6% Lower

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Amplify Snack Brands, Inc. Announces Pricing of Initial Public Offering

August 4, 2015 5:59 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Amplify Snack Brands, Inc. (Amplify or the Company) announced today the pricing of its initial public offering (IPO) of 15,000,000 shares of common stock to be sold by certain stockholders of Amplify at a public offering price of $18.00. The shares are expected to begin trading on the New York Stock Exchange under the symbol BETR beginning on August 5, 2015. The selling stockholders have also granted the underwriters a 30-day option to purchase up to 2,250,000 additional shares of common stock. The offering is expected to close on August 10, 2015, subject to customary closing conditions.

All shares are being sold by... More