YETI (YETI) IPO Opens 7% Lower

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YETI Holdings, Inc. Announces Pricing of Initial Public Offering

October 24, 2018 7:11 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- YETI Holdings, Inc. (YETI) today announced the pricing of its initial public offering of 16,000,000 shares of common stock at a public offering price of $18 per share. 2,500,000 of the shares are being offered by YETI and 13,500,000 of the shares are being offered by certain selling stockholders. In addition, the underwriters have been granted a 30-day option to purchase up to 2,400,000 additional shares of common stock from the selling stockholders at the public offering price, less underwriting discounts.

The shares are expected to begin trading on The New York Stock Exchange on October 25, 2018, under the symbol YETI.... More