Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (Nasdaq:FRSH) today announced the pricing of its initial public offering of 5,833,333 shares of common stock at a price to the public of $11.00 per share.
All of the shares in the offering are being offered by Papa Murphy’s. In addition, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 874,999 shares to cover over-allotments, if any. The shares are expected to begin trading on May 2, 2014 on the NASDAQ Global Select Market under the ticker symbol “FRSH”. The closing of the offering is expected to occur on May 7, 2014, subject to the satisfaction of customary closing conditions.
Jefferies LLC, Robert W. Baird & Co. Incorporated and Wells Fargo Securities are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Raymond James & Associates, Inc. and Stephens Inc. are acting as co-managers for the offering.
The offer is being made only by means of a prospectus. Copies of the prospectus may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by emailing Prospectus_Department@Jefferies.com, or by calling (877) 547-6340; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, by emailing firstname.lastname@example.org or by calling (800) 792-2473; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, by calling (800) 326-5897 or by emailing email@example.com.
May 1, 2014