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Restoration Hardware Holdings Inc Announces Pricing Of Follow-on Offering

Wednesday, 15 May 2013 06:00am EDT 

Restoration Hardware Holdings Inc announced the pricing of its public follow-on offering of common stock. The size of the offering has been increased to 8,673,900 shares of common stock at a public offering price of $50.00 per share. All of the shares to be sold in the offering will be sold by existing stockholders of the Company. No shares are being sold by the Company in the offering and the Company will not receive any proceeds from the sale of shares. In addition, the selling shareholders have granted the underwriters of the offering an option to purchase up to an additional 1,301,085 shares from the selling shareholders. BofA Merrill Lynch and Goldman, Sachs & Co. are acting as joint book-running managers of the offering, with Baird, William Blair, Piper Jaffray and Stifel acting as co-managers