Zumiez Inc declares public offering of common stock
15 Jun '06
2 min read
Zumiez Inc announced that one of its shareholders, Brentwood-Zumiez Investors, LLC, is offering 1,609,090 shares of Zumiez Inc.'s common stock in a public offering. Piper Jaffray & Co. is acting as the sole underwriter for the offering.
Zumiez Inc will issue no new shares in this transaction and the selling shareholder will receive all of the net proceeds from the offering.
Brentwood-Zumiez Investors, LLC is an entity formed in 2002 by affiliates of Brentwood Private Equity III, LLC, a private equity firm ("Brentwood Associates"), to hold Brentwood Associates' investment in Zumiez Inc. The proposed sale of the shares described above constitutes all of remaining ownership interest of Brentwood-Zumiez Investors, LLC in Zumiez Inc.
Copies of the prospectus supplement and prospectus relating to this offering may be obtained, when available, from Piper Jaffray & Co., Attn: Maura Stolz Hasaon, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402-7020.
The common stock is being offered pursuant to a registration statement that has been filed with the Securities and Exchange Commission and that has been declared effective.
Zumiez is a leading specialty retailer of action sports related apparel, footwear, equipment and accessories. Our stores cater to young men and women between ages 12-24, focusing on skateboarding, surfing, snowboarding, motocross and BMX. As of May 31, 2006 we operate 182stores.