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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Jun. 25, 10:46 PM

Slide #7. Planet Fitness, Inc. Secondary Offering

Company: Planet Fitness, Inc. (NYSE:PLNT)
Date announced: 6/21/2016
Shares Offered: 10,000,000
Date of Pricing: 6/22/2016
Price Per Share: $16.50
Secondary Offering Details: Planet Fitness, Inc. (NYSE: PLNT) ("Planet Fitness" or the "Company") today announced that certain of its existing stockholders intend to offer for sale 10,000,000 shares of its Class A common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. Certain of the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock. The Company will not sell any shares or receive any of the proceeds from the sale of shares of Class A common stock by the selling stockholders. -updated 6/22- Planet Fitness, Inc. (NYSE: PLNT) ("Planet Fitness" or the "Company") today announced the pricing of its previously announced underwritten secondary public offering of 10,000,000 shares of the Company's Class A common stock by certain of its existing stockholders at a price of $16.50 per share. The Company did not sell any shares and will not receive any of the proceeds from the sale of shares of its Class A common stock by the selling stockholders. In connection with the offering, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares of the Company's Class A common stock at the public offering price, less underwriting discounts and commissions.

Planet Fitness is a holding company. Through its subsidiries, Co. is engaged as a franchisor and operator of fitness centers in the United States. Co. provides a high-quality fitness experience in a welcoming, non-intimidating environment, which Co. calls the Judgement Free Zone, where anyone can feel they belong. Co.'s bright, clean stores are typically 20,000 square feet, with a large selection of high-quality, purple and yellow Planet Fitness-branded cardio, circuit- and weight-training equipment and friendly staff trainers who offer unlimited free fitness instruction to all its members in small groups through its PE@PF program.

PLNT SEC Filing Email Alerts Service

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Company Name:  Planet Fitness Inc
Website:  www.planetfitness.com
Sector:  Sporting Goods & Activities
Number of ETFs Holding PLNT:  14
Total Market Value Held by ETFs:  $6.78M
Total Market Capitalization:  $619.00M
% of Market Cap. Held by ETFs:  1.10%
 

Open the PLNT Page at The Online Investor (in a new window) »

June 25, 2016    10:46 PM Eastern
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