Fenix Parts (FENX) Prices 12M Common IPO at $8/Share

Fenix Parts, Inc. (Nasdaq: FENX), a leading recycler and reseller of original equipment manufacturer ("OEM") automotive products, announced the pricing of its initial public offering of 12,000,000 shares of its common stock at a price to the public of $8.00 per share. All of the shares of common stock are being offered by Fenix Parts. In addition, Fenix Parts has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock to cover over-allotments, if any. The shares of common stock are expected to begin trading on the Nasdaq Global Market on Thursday, May 14, 2015, under the symbol "FENX."

BMO Capital Markets and Stifel are acting as Joint Book-Running Managers for the offering. BB&T Capital Markets and Barrington Research are acting as Co-managers.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. 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.

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