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Frontier Group Holdings Inc. (ULCC) Prices 30M Share IPO at $19/Sh

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Frontier Announces Pricing of Initial Public Offering

April 1, 2021 12:33 AM EDT

DENVER, March 31, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Frontier) today announced the pricing of its initial public offering of 30 million shares of its common stock at a price to the public of $19.00 per share. The offering consists of 15 million shares of common stock offered by Frontier and 15 million shares of common stock to be sold by certain of Frontiers existing stockholders. A selling stockholder has granted the underwriters a 30-day option to buy an additional 4.5 million shares of common stock from such selling stockholder at the initial public offering price, less the underwriting discount and commissions.... More