Foundation Building Materials (FBM) IPO Opens Up 13%

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Go back to Foundation Building Materials (FBM) IPO Opens Up 13%

Foundation Building Materials (FBM) IPO Prices at $14, Below Expected Range

February 10, 2017 5:54 AM EST

Foundation Building Materials, Inc. (NYSE; FBM) announced today the pricing of its initial public offering of 12,800,000 shares of its common stock, all of which are being offered by the Company, at a price of $14.00 per share, below the expected $17-$19 range. The Company's sole stockholder, an affiliate of Lone... More