Manufacturing IPOs » By The Online Investor Staff, updated Thu., Apr. 25, 3:12 AMRecent initial public offerings in the Manufacturing IPOs category.
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Slide #3. CommScope — Initial Public Offering
Company:
CommScope
Proposed Symbol:
COMM
Shares Offered:
38,461,537
Price Per Share:
$15.00
Over-Allotment:
5,769,230
Description:
CommScope Holding Company, Inc. has commenced an initial public offering of 38,461,537 shares of its common stock, of which 30,769,230 shares are to be sold by CommScope and 7,692,307 shares are to be sold by an affiliate of The Carlyle Group (the "selling stockholder"). The anticipated initial offering price is between $18.00 and $21.00 per share and the offering is being made pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission. The selling stockholder has also granted the underwriters a 30-day option to purchase up to an additional 5,769,230 shares of CommScope's common stock. CommScope will not receive proceeds from any exercise by the underwriters of their option to purchase additional shares. CommScope has applied for listing of its common stock on the NASDAQ Global Select Market under the ticker symbol "COMM."
