Traeger Announces Launch of Initial Public Offering
TGPX Holdings I LLC (Traeger) announced today the launch of its initial public offering of 23,529,411 shares of its common stock.
- TGPX Holdings I LLC (Traeger) announced today the launch of its initial public offering of 23,529,411 shares of its common stock.
- The offering consists of 8,823,529 shares of common stock offered by Traeger and 14,705,882 shares of common stock to be sold by certain of Traegers existing stockholders.
- The underwriters will have a 30-day option to purchase up to 3,529,411 shares of common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
- The initial public offering price is currently expected to be between $16.00 and $18.00 per share.