Amplify Snack Brands, Inc. (“Amplify” or the “Company”) announced today
the pricing of its initial public offering (IPO) of 15,000,000 shares of
common stock to be sold by certain stockholders of Amplify at a public
offering price of $18.00. The shares are expected to begin trading on
the New York Stock Exchange under the symbol “BETR” beginning on August
5, 2015. The selling stockholders have also granted the underwriters a
30-day option to purchase up to 2,250,000 additional shares of common
stock. The offering is expected to close on August 10, 2015, subject to
customary closing conditions.
All shares are being sold by existing stockholders, including certain
directors and officers of the Company. Amplify will not receive any of
the proceeds from the offering.
Goldman, Sachs & Co., Jefferies, Credit Suisse and SunTrust Robinson
Humphrey are acting as joint book-running managers for the offering.
William Blair and Piper Jaffray are acting as co-managers.
The offering is being made only by means of a prospectus. Copies of the
prospectus relating to the offering may be obtained from: Goldman, Sachs
& Co., Attention: Prospectus Department, 200 West Street, New York, NY
10282, phone: 866-471-2526, email: email@example.com;
Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520
Madison Avenue, 2nd Floor, New York, NY 10022, phone: 877-547-6340,
or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department,
One Madison Avenue, New York, NY 10010, phone: 800-221-1037, email: firstname.lastname@example.org.
A registration statement relating to these securities has been filed
with and declared effective by the U.S. Securities and Exchange
Commission (the “SEC”). This press release does not constitute an offer
to sell or the solicitation of an offer to buy the securities described
above, 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 Amplify Snack Brands, Inc.
Amplify Snack Brands is a snack food company focused on developing and
marketing products that appeal to consumers’ growing preference for
Better-For-You (BFY) snacks. Through their simple, major allergen-free
and non-GMO ingredients, Amplify’s brands embody the Company’s BFY
mission and have amassed a loyal customer base across a wide range of
food distribution channels in the United States.
This press release contains certain forward-looking statements,
including statements with regard to Amplify’s proposed securities
offering. Forward-looking statements generally relate to future events
or our future financial or operating performance. In some cases, you can
identify forward-looking statements because they contain words such as
“may”, “will”, “should”, “expects”, “plans”, “anticipates”, “could”,
“intends”, “target”, “projects”, “contemplates”, “believes”,
“estimates”, “predicts”, “potential” or “continue” or the negative of
these words or other similar terms or expressions that concern our
expectations, strategy, plans or intentions. The consummation of the
proposed securities offering and the terms thereof are subject to
numerous factors, many of which are beyond the control of Amplify,
including, without limitation, market conditions, failure of closing
conditions and risks and other matters set forth in Amplify’s filings
with the SEC. You should not place undue reliance upon forward-looking
statements as predictions of future events. Amplify has based the
forward-looking statements contained in this press release on its
current expectations and projections about future events and trends that
it believes may affect its business, financial condition, results of
operations and prospects. Amplify cannot assure you that the results,
events and circumstances reflected in the forward-looking statements
will be achieved or occur, and actual results, events, or circumstances
could differ materially from those described in the forward-looking
statements. The forward-looking statements made in this press release
relate only to events as of the date on which the statements are made.
Amplify undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law.
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