Solo Brands (DTC) Prices 12.9M Share IPO at $17/sh

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Go back to Solo Brands (DTC) Prices 12.9M Share IPO at $17/sh

Solo Brands, Inc. Announces Pricing of Initial Public Offering

October 27, 2021 6:33 PM EDT

SOUTHLAKE, Texas--(BUSINESS WIRE)-- Solo Brands, Inc., owner of the popular Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, today announced the pricing of its initial public offering of 12,903,225 shares of its Class A common stock at a price to the public of $17.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,935,483 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on October 28, 2021 on the New York Stock Exchange under the ticker... More