Floor & Decor Holdings, Inc. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
26 Fevereiro 2019 - 6:30PM
Business Wire
Floor & Decor Holdings, Inc. (the “Company” or “Floor
& Decor”) (NYSE:FND) today announced the pricing of an
underwritten public offering of 10,000,000 shares of common stock
of the Company by certain stockholders of the Company, including
funds affiliated with Ares Management Corporation
(NYSE:ARES) and Freeman Spogli Management Co., L.P.
(collectively, the “Selling Stockholders”). The underwriters intend
to offer the shares of common stock from time to time for sale in
one or more transactions on the New York Stock Exchange, in the
over-the counter market, through negotiated transactions or
otherwise at market prices prevailing at the time of sale, at
prices related to prevailing market prices or at negotiated prices,
subject to receipt and acceptance by them and subject to their
right to reject any order in whole or in part. In addition, the
Selling Stockholders have offered the underwriters a 30-day option
to purchase up to 1,500,000 additional shares of common stock. The
Company is not selling any shares in this offering and will not
receive any proceeds from the sale of the shares by the Selling
Stockholders or any exercise of the underwriters’ option to
purchase additional shares of common stock.
J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are
acting as the underwriters for the offering. The offering is
expected to close on February 28, 2019, subject to the satisfaction
of customary closing conditions.
An automatic shelf registration statement (including a
prospectus) relating to these securities was filed on May 23, 2018
with the Securities and Exchange Commission (the “SEC”) and became
effective upon such filing. Before you invest, you should read the
prospectus in that registration statement and the documents
incorporated by reference in that registration statement, as well
as the prospectus supplement related to this offering. Copies of
these documents are available at no charge on the SEC’s website at
www.sec.gov. Alternatively, copies of the prospectus supplement and
the accompanying prospectus, when available, may be obtained from
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewater, NY 11717, phone: 866-803-9204
and Goldman Sachs & Co. LLC, Prospectus Department, 200 West
Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile:
212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com.
The offering of these securities is being made only by means of
a prospectus supplement and an accompanying prospectus. This press
release does not constitute an offer to sell or a 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.
About Floor & Decor Holdings, Inc.
Floor & Decor is a leading specialty retailer of hard
surface flooring, offering the broadest in-stock selection of tile,
wood, stone, related tools and flooring accessories at everyday low
prices. The Company was founded in 2000 and is headquartered in
Atlanta, Georgia.
Forward-Looking Statements
This release contains forward-looking statements. All statements
other than statements of historical fact contained in this release,
including statements regarding the Company’s future operating
results and financial position, business strategy and plans and
objectives of management for future operations, are forward-looking
statements. These statements are based on our current expectations,
assumptions, estimates and projections. These statements involve
known and unknown risks, uncertainties and other important factors
that may cause the Company’s actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Forward-looking statements are based on
management’s current expectations and assumptions regarding the
Company’s business, the economy and other future conditions,
including the impact of recent natural disasters on sales.
In some cases, you can identify forward-looking statements by
terms such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “could,” “seeks,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“budget,” “potential,” “focused on” or “continue” or the negative
of these terms or other similar expressions. The forward-looking
statements contained in this release are only predictions. Although
the Company believes that the expectations reflected in the
forward-looking statements in this release are reasonable, the
Company cannot guarantee future events, results, performance or
achievements. A number of important factors could cause actual
results to differ materially from those indicated by the
forward-looking statements in this release, including, without
limitation, those factors described or incorporated by reference,
in the prospectus supplement or accompanying prospectus.
Because forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted or
quantified, you should not rely on these forward-looking statements
as predictions of future events. The forward-looking statements
contained in this release speak only as of the date hereof. New
risks and uncertainties arise over time, and it is not possible for
the Company to predict those events or how they may affect the
Company. If a change to the events and circumstances reflected in
the Company’s forward-looking statements occurs, the Company’s
business, financial condition and operating results may vary
materially from those expressed in the Company’s forward-looking
statements. Except as required by applicable law, the Company does
not plan to publicly update or revise any forward-looking
statements contained herein after the Company distributes this
release, whether as a result of any new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20190226006184/en/
Investor Contacts:Floor & Decor Holdings,
Inc.Wayne Hood, 678-505-4415Vice President of
Investor
RelationsWayne.hood@flooranddecor.comorMatthew
McConnell, 770-257-1374Manager of Investor
Relationsmatthew.mcconnell@flooranddecor.com
Floor and Decor (NYSE:FND)
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