Mattress Firm Files Registration Statement for Proposed Offering of Common Stock by Selling Stockhol

Before you go, we thought you'd like these...
Before you go close icon

Mattress Firm Files Registration Statement for Proposed Offering of Common Stock by Selling Stockholders

HOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (NAS: MFRM) (the "Company") today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed offering of 4,726,682 shares of common stock by the named selling stockholders. Certain of the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 709,002 shares of common stock on the same terms and conditions.

The offering would consist entirely of secondary shares to be sold by some of the Company's existing stockholders. The Company would not be selling any shares of common stock in the proposed offering. The Company would not receive any proceeds from the sale of common stock by the selling stockholders. Investment funds associated with Neuberger Berman Group, LLC would be offering to sell 3,031,695 shares. Investment funds associated with J.W. Childs Associates, L.P. would be offering to sell 1,500,000 shares, representing approximately 7.4% of current holdings assuming no exercise of the over-allotment option described above. Upon completion of the offering and assuming no exercise of the over-allotment option, investment funds associated with J.W. Childs will own approximately 55.5% of the Company's outstanding common stock. In addition, certain members of management named in the registration statement would be offering to sell 194,987 shares in the aggregate in the proposed offering, representing approximately 7.4% of current holdings assuming no exercise of the over-allotment option described above.


A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Barclays Capital Inc., UBS Securities LLC and Citigroup Global Markets Inc. are acting as joint book-running managers of the offering. William Blair & Company, L.L.C. is acting as a lead manager of the offering. KeyBanc Capital Markets Inc. and SunTrust Robinson Humphrey, Inc. also are acting as co-managers of the offering.

The offering will be made only by means of a prospectus. Once available, a preliminary prospectus relating to this offering may be obtained from:

Barclays Capital Inc.

c/o Broadridge Financial Solutions

1155 Long Island Avenue


Edgewood, NY 11717

Email:
Barclaysprospectus@broadridge.com

Phone:1 (888) 603-5847

   

UBS Investment Bank

Attention: Prospectus Department

299 Park Avenue, 25th Floor


New York, New York 10171

Phone:1 (888) 827-7275

   

Citigroup Global Markets Inc.

Attention: Citigroup Prospectus
Delivery Department, Brooklyn
Army Terminal

140 58th Street, 8th Floor


Brooklyn, NY 11220

Email: batprospectusdept@citi.com

Phone:1 (800) 831-9146

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the common stock, nor shall there be any sale of the common stock in any state 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 Mattress Firm

Houston-based Mattress Firm is one of the nation's leading specialty bedding retailers, offering a broad selection of both traditional and specialty mattresses from leading manufacturers, including Sealy, Serta, Simmons, Stearns & Foster and Tempur-Pedic.

Forward-Looking Statements

This press release contains forward-looking statements relating to the proposed offering and participation of selling stockholders in the offering. These forward-looking statements involve risks and uncertainties, including the Company's ability to complete the offering in its expected timeframe or at all, and which shareholders will want to sell shares in the offering.



Investor Relations:
Mattress Firm Holding Corp.
Brad Cohen, 713-343-3652
ir@mattressfirm.com,
or
Media Contact:
ICR
Sari Martin, 203-682-8345
mattressfirm@icrinc.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Mattress Firm Files Registration Statement for Proposed Offering of Common Stock by Selling Stockholders originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners