Academy Sports and Outdoor (ASO) IPO Opens 7% Lower
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Academy Sports + Outdoors Announces Pricing of its Initial Public Offering
October 1, 2020 6:26 PM EDTKATY, Texas, Oct. 1, 2020 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") today announced the pricing of its initial public offering of 15,625,000 shares of its common stock at $13.00 per share. Shares of Academy's common stock are expected to begin trading on the NASDAQ Global Select Market on October 2, 2020, under the ticker symbol "ASO," and the offering is expected to close on October 6, 2020, subject to customary closing conditions. Academy has granted the underwriters a 30-day option to purchase up to an additional 2,343,750 shares of its common stock to cover over-allotments, if any.Â
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