Stock Building Supply Holdings Inc. Commences Public OfferingMarch 14th, 2014 by DWM Magazine
Stock Building Supply Holdings Inc. has commenced a public offering of 6.6 million shares of its common stock by certain stockholders, including Gores Building Holdings LLC and members of management.
Gores will also grant the underwriters a 30-day option to purchase up to an additional 990,000 shares of common stock. StockBuilding Supply will not receive any of the proceeds from the sale of the shares of common stock in the offering, according to officials.
Goldman, Sachs & Co., Barclays and Citigroup are serving as joint book-running managers for the offering. Robert W. Baird & Co. Inc. is acting as lead co-manager, and Stephens Inc. and Wells Fargo Securities LLC are acting as co-managers. The offering will be made only by means of a prospectus.
A registration statement relating to these securities has been filed with the Commission but has not yet become effective.