Bob's Discount Furniture Announces Pricing of Initial Public Offering [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
pricing of its initial public offering of 19,450,000 shares of its common stock at a price to the public of $17.00 per share. The underwriters will have a 30-day option to purchase up to an additional 2,917,500 shares of common stock from an existing stockholder (the "Selling Stockholder") at the initial public offering price, less underwriting discounts and commissions. Bob's Discount Furniture will not receive any proceeds from any sale of shares by the Selling Stockholder. The shares of Bob's Discount Furniture's common stock are expected to begin trading on the New York Stock Exchange on February 5, 2026 under the ticker symbol "BOBS." The offering is expected to close on February 6, 2026, subject to customary closing conditions. J.P. Morgan Securities LLC and Morgan Stanley are acting as joint-lead book-running managers and RBC Capital Markets, LLC and UBS Securities LLC are also acting as book-running managers for the offering. BofA Securities, Evercore Group L.L.C. and Gold
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