Markets
FIVE

Five Below prices IPO at $17.00, at high end of the range

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July 18, 2012 — 06:25 am EDT

Written by Renaissance Capital->

Five Below, a pre-teen to teen-focused retailer that offers all of its products at $5 or below, raised $163 million by offering 9.6 million shares at $17.00, at high end of the range of $15.00 to $17.00. Five Below plans to list on the NASDAQ under the symbol FIVE. Goldman Sachs, Barclays and Jefferies & Co. acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Renaissance Capital
Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.
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