Noodles & Co Prices Initial Public Offering


Thursday, 27 Jun 2013 07:48pm EDT 

Noodles & Co announced the pricing of its initial public offering of 5,357,143 shares of Class A common stock at a price to the public of $18.00 per share. All of the shares in the offering are being offered by Noodles & Company. In addition, Noodles & Company has granted the underwriters a 30-day option to purchase up to an additional 803,571 shares of Class A common stock to cover over-allotments, if any. The shares are expected to begin trading on June 28, 2013 on the NASDAQ Global Select Market under the ticker symbol "NDLS." The closing of the offering is expected to occur on July 2, 2013, subject to the satisfaction of customary closing conditions. Morgan Stanley & Co. LLC and UBS Securities LLC are acting as joint book-running managers for the offering. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Jefferies LLC, Robert W. Baird & Co. Incorporated and Piper Jaffray & Co. are acting as book-running managers for the offering. 

Company Quote

18.87
 +0.00%
16 Sep 2014