Fox Factory Holding Corp. (NASDAQ:FOXF) Files An 8-K Other Events
Item 8.01 > Other Events
Corp. (the Company) entered into an underwriting agreement (the
Underwriting Agreement) with Merrill Lynch, Pierce, Fenner Smith
Incorporated (the Underwriter), Compass Group Diversified
Holdings LLC (Compass) and Robert C. Fox, Jr. (Mr. Fox), as
selling stockholders. to the Underwriting Agreement, Compass
agreed to sell 5,108,718 shares of the Companys common stock,
$0.001 par value per share (the Common Stock), owned or
beneficially held by Compass (the Offering Shares), to the
Underwriter at a price of $26.65 per share, and Mr. Fox granted
the Underwriter an over-allotment option to purchase up to
465,657 shares of the Companys Common Stock owned by Mr. Fox (the
Option Shares), at a price of $26.65 per share. The sale of the
Offering Shares to the Underwriting Agreement closed on March 13,
2017.
that it had exercised in full the over-allotment option it held
to the Underwriting Agreement to purchase the Option Shares. The
sale of the Option Shares to the Underwriting Agreement closed on
March 20, 2017. The Company did not receive any proceeds from the
sale of the Offering Shares by Compass or the Option Shares by
Mr. Fox.
(US) LLP relating to the Option Shares sold by Mr. Fox is
attached as Exhibit 5.1 hereto.
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Exhibit
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Description
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5.1
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Opinion of Squire Patton Boggs (US) LLP as to the
legality of the securities. |
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23.1
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Consent of Squire Patton Boggs (US) LLP (included in
Exhibit 5.1). |
About Fox Factory Holding Corp. (NASDAQ:FOXF)
Fox Factory Holding Corp. designs, engineers, manufactures and markets performance ride dynamics products for customers across the world. The Company’s brand ride dynamics products are used primarily on bicycles (bikes), side-by-side vehicles (Side-by-Sides), on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles. The Company’s brands include FOX, FOX RACING SHOX and RACE FACE. The Company offers front fork and rear suspension products designed for cross-country, trail, all-mountain, free-ride and downhill riding primarily for the mountain bike market. Its mountain bike products are sold in various series, including Performance series, Performance Elite series and Factory series. It also offers suspension systems. Its suspension component products in the powered vehicle category range from two inch aluminum bolt-on shocks to its position sensitive internal bypass shocks. Fox Factory Holding Corp. (NASDAQ:FOXF) Recent Trading Information
Fox Factory Holding Corp. (NASDAQ:FOXF) closed its last trading session up +0.45 at 27.65 with 548,672 shares trading hands.
