Zumiez Inc declares secondary public offering

10 Nov '05
2 min read

Leading specialty retailer of action sports related apparel, footwear, equipment and accessories Zumiez Inc announced the pricing of an underwritten secondary public offering of 2,375,000 shares of its common stock by certain of its shareholders at a public offering price of $35.60 per share.

The underwriters have the option to purchase up to an additional 356,250 shares of common stock from certain shareholders to cover over-allotments, if any. Shareholders of Zumiez will sell all of the shares and, as a result, Zumiez will not receive any of the proceeds from the offering.

Wachovia Securities and Piper Jaffray are joint book runners for the public offering and William Blair & Company is a co-manager. Copies of the final prospectus may be obtained by mail from Wachovia Securities, Attn: Equity Capital Markets, 7 St. Paul Street, Baltimore, MD 21202 or Piper Jaffray, 800 Nicollet Mall, Minneapolis, MN 55402.

US based action sports related apparel, footwear, equipment and accessories leader Zumiez Inc is a specialty retailer of action sports related apparel, footwear, equipment and accessories. The stores cater to young men and women between ages 12-24, focusing on skateboarding, surfing, snowboarding, motocross and BMX. They currently operate 150 stores, which are primarily located in shopping malls.

Zumiez Inc

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