top shadow
BODY

current news

Playboy Nets $203.3M From New Stock Sale


New on the Playboy web store.
New on the Playboy web store.

(Filed Under wholesale Lingerie News). On June 14 Playboy sold 4,720,000 shares of its stock at an offering price of $46 and received net proceeds of “approximately $203.3 million (net of underwriting discounts and commissions and offering expenses).”

It said it “intends to use the proceeds to fund future growth, including potential future acquisitions, and for working capital and general corporate purposes.”

The company noted its underwriting agreement “includes an underwriters’ option to purchase up to 708,000 additional shares of common stock within 30 days.” —NM


more wholesale Lingerie News >>

Published 06-15-2021 by Nick Monjo

Related Articles

Playboy Earned $5.543 Million In First Quarter
Playboy Lost $78M On $247M In Sales
Playboy Names Three Key Female Executives
Playboy Q3: Lost $7.7M On Sales of $58.4M
Playboy Buying Dream Social Content Site

VS, Pink To Trade Independently August 3
Playboy Nets $203.3M From New Stock Sale
Playboy Lost $5M On Sales Of $42.7M In Q1
Playboy: Sales +118%, Loss Shrinks To $512K


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2022 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2022 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow