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Fox Factory Holding Corp. Announces Pricing of Initial Public Offering

Aug 07, 2013
Fox Factory Holding Corp. Announces Pricing of Initial Public Offering

SCOTTS VALLEY, Calif., Aug. 7, 2013 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. ("FOX") today announced the pricing of its initial public offering of 8,571,429 shares of its common stock at an initial offering price to the public of $15.00 per share. Of the shares of common stock in the offering, FOX is offering 2,857,143 shares and certain stockholders of FOX, including Compass Group Diversified Holdings LLC (NYSE:CODI), are offering 5,714,286 shares. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,285,714 shares at the initial public offering price less underwriting discounts and commissions. FOX will not receive any proceeds from the sale of shares by the selling stockholders. The shares are expected to begin trading on the Nasdaq Global Select Market on August 8, 2013 under the ticker symbol "FOXF".

Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C. and Piper Jaffray & Co. are acting as joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated, SunTrust Robinson Humphrey, Inc., BB&T Capital Markets, a division of BB&T Securities, LLC, and CJS Securities, Inc. are acting as co-managers.

The offering is being made solely by means of a prospectus, copies of which may be obtained from Robert W. Baird & Co. Incorporated at 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202, Attention: Syndicate Department, telephone: (800) 792-2473 or email: [email protected]; William Blair & Company, L.L.C. at Attention: Prospectus Department, 222 West Adams Street, Chicago, IL 60606, telephone: (800) 621-0687, or email: [email protected]; or Piper Jaffray & Co. at Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, telephone: (800) 747-3924 or email: [email protected].

A registration statement relating to the offering was declared effective by the Securities and Exchange Commission on August 7, 2013. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Fox Factory Holding Corp.

FOX is a designer, manufacturer and marketer of high-performance suspension products used primarily on mountain bikes, side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications and motorcycles.

Katie Turner

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