07-23-2004, 01:30 AM
[font "Arial"][#8b0000][size 3]Cabela’s Inc. Announces Pricing of Initial Public Offering[/size][/#8b0000][/font] [font "Arial"][#000000][size 2]Sidney, Neb. — Cabela’s Incorporated (NYSE: CAB) recently announced its initial public offering of 7,812,500 shares of common stock has been priced at $20 per share. Cabela’s issued 6,250,000 primary shares of common stock, while selling stockholders offered the remaining 1,562,500 shares of common stock.
In addition, Cabela's and its selling stockholders have granted the underwriters an option to purchase up to an additional 15 percent, or 1,171,875 shares, from the selling stockholders at the initial public offering price to cover over-allotments, if any. The company will not receive any of the proceeds from the sales of shares of common stock by its selling stockholders. Cabela’s common stock will be listed on the New York Stock Exchange under the symbol “CAB.” [/size][/#000000][/font]
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In addition, Cabela's and its selling stockholders have granted the underwriters an option to purchase up to an additional 15 percent, or 1,171,875 shares, from the selling stockholders at the initial public offering price to cover over-allotments, if any. The company will not receive any of the proceeds from the sales of shares of common stock by its selling stockholders. Cabela’s common stock will be listed on the New York Stock Exchange under the symbol “CAB.” [/size][/#000000][/font]
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