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Produce returns: Grocery Outlet Holdings prices IPO above the revised range at $22

Grocery Outlet Holdings, which operates a network of more than 300 independently run discount grocery stores, raised $378 million by offering 17.2 million shares at $22, above the upwardly-revised range of $18 to $19. The company originally filed to offer shares at a range of $15 to $17.

Grocery Outlet plans to list on the Nasdaq under the symbol GO. BofA Merrill Lynch, Morgan Stanley, Deutsche Bank, Jefferies, Barclays, Goldman Sachs, Guggenheim Securities, UBS Investment Bank and Cowen acted as joint book-running managers on the deal.

Produce returns: Grocery Outlet Holdings prices IPO above the revised range at $22

Investment Disclosure: Renaissance IPO ETF (symbol: IPO) Renaissance International ETF (symbol: IPOS)

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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