Lumber Liquidators Raises $36.4 Million in IPO
Of the 10 million shares, 3.8 million were offered by the company and 6.2 million were offered by the stockholders.
The company said it will use the net proceeds of approximately $36.4 million to repay outstanding debt, support the growth of the business, and for general corporate purposes.
A registration statement related to the offering was declared effective by the Securities and Exchange Commission on November 8.
Related Topics:Lumber Liquidators