REVOLVE Launches Initial Public Offering

CERRITOS, Calif.--(BUSINESS WIRE)-- Revolve Group, LLC (to be renamed Revolve Group, Inc., “REVOLVE”) today announced that it has commenced an initial public offering of 11,764,706 shares of its Class A common stock (“Class A Common Stock”) comprised of 2,941,176 shares of Class A Common Stock offered by REVOLVE and 8,823,530 shares of Class A Common Stock offered by certain stockholders. The underwriters also have an option for 30 days to purchase up to an additional 1,764,705 shares of Class A Common Stock at the initial public offering price from REVOLVE and the selling stockholders. The initial public offering price is currently estimated to be between $16 and $18 per share. REVOLVE’s Class A Common Stock has been approved for listing on the NYSE under the ticker symbol “RVLV.”

Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC will act as lead joint bookrunning managers for the offering. BofA Merrill Lynch will also act as joint bookrunning manager for the offering. Barclays Capital Inc. and Jefferies LLC will act as bookrunning managers for this offering, and Cowen and Company, LLC, Guggenheim Securities, LLC, Raymond James & Associates, Inc. and William Blair & Company, L.L.C. will act as co-managers for this offering.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by telephone at 1-866-718-1649; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, 3rd floor, New York, NY 10010, by telephone at 1-800-221-1037, or by email at [email protected].

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005314/en/

Investor Relations:
Investor Relations
1-562-282-4990
[email protected]

Media:
Kendall Sargeant
[email protected]

Source: Revolve Group, LLC

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