 
Rubber & Plastics IPOs » By The Online Investor Staff, updated Wed., Feb. 12, 5:44 PM
Recent initial public offerings in the Rubber & Plastics IPOs category.
Slide #1. Advanced Drainage Systems, Inc. — Initial Public Offering
Company: |
Advanced Drainage Systems, Inc. |
Proposed Symbol: |
WMS |
Shares Offered: |
14,500,000 |
Price Per Share: |
$16.00 |
Over-Allotment: |
2,175,000 |
Description: |
Advanced Drainage Systems, Inc. ("ADS"), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, announced today that it has commenced an initial public offering of 14,500,000 shares of common stock pursuant to a registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). The initial public offering price is currently expected to be between $17.00 and $19.00 per share. ADS is offering 5,289,474 shares of its common stock and the selling stockholders named in the registration statement are offering 9,210,526 shares of common stock. The selling stockholders have granted the underwriters an option to purchase up to an additional 2,175,000 shares of common stock at the initial public offering price less the underwriting discount, within 30 days from the date of the offering. An application has been made to list the common stock of ADS on the New York Stock Exchange under the symbol "WMS." - updated 7/25 - Advanced Drainage Systems, Inc. ("ADS"), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, announced today the pricing of its initial public offering of 14,500,000 shares of its common stock at a price to the public of $16.00 per share. ADS is offering 5,289,474 shares of its common stock and the selling stockholders named in the registration statement are offering 9,210,526 shares of common stock. The selling stockholders have granted the underwriters an option to purchase up to an additional 2,175,000 shares of common stock at the initial public offering price less the underwriting discount, within 30 days from the date of the offering. The shares are expected to begin trading on the New York Stock Exchange under the symbol "WMS" on July 25, 2014. The offering is expected to close on or about July 30, 2014, subject to customary closing conditions. |
IPOs: Advanced Drainage Systems, Inc.
List of Rubber & Plastics IPOs in this Slideshow:
Company Ticker IPO Date
Berry Plastics Group, Inc. BERY 10/4/2012
Advanced Drainage Systems, Inc. WMS
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February 12, 2025 5:44 PM Eastern
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