LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or the
“Company”) announced today the closing of the previously announced
secondary offering of shares of its Class A common stock (the “Class A
Common Stock”) at a public offering price of $40.50 per share, which
includes 6,000,000 shares of Class A Common Stock offered by certain
affiliates of Crestview Advisors, L.L.C. (the “Crestview Selling
Stockholders”) and 700,000 shares of Class A Common Stock offered by
CWGS Holding, LLC, a wholly owned subsidiary of ML Acquisition Company,
LLC, which is indirectly owned by each of Stephen Adams, a member of
Camping World’s board of directors, and Marcus Lemonis, Camping World’s
Chairman and Chief Executive Officer (the “CWGS Holding Selling
Stockholder” and, together with the Crestview Selling Stockholders, the
“Selling Stockholders”), pursuant to a registration statement filed on
Form S-1 with the Securities and Exchange Commission (the “SEC”).
Additionally, the Selling Stockholders have granted the underwriters a
30-day option to purchase up to an aggregate of 1,005,000 additional
shares of Class A Common Stock, which includes 900,000 shares of Class A
Common Stock offered by the Crestview Selling Stockholders and 105,000
shares of Class A Common Stock offered by the CWGS Holding Selling
Stockholder. The offering consists entirely of secondary shares of Class
A common stock to be sold by the Selling Stockholders. Camping World
will not receive any proceeds from the sale of the shares of Class A
Common Stock by the Selling Stockholders.
Goldman Sachs & Co. LLC and J.P. Morgan served as joint lead
book-running managers and as representatives of the underwriters for the
offering. BofA Merrill Lynch and Credit Suisse also acted as joint
book-running managers for the offering. Baird, BMO Capital Markets,
KeyBanc Capital Markets, Stephens Inc. and Wells Fargo Securities acted
as co-managers for the offering.
The offering was made only by means of a prospectus. A copy of the final
prospectus can be accessed through the SEC’s website at www.sec.gov
or may be obtained from any of the following sources:
-
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West
Street, New York, New York 10282, via telephone: 1-866-471-2526, or
via email: prospectusgroup-ny@ny.email.gs.com;
or
-
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or via telephone:
1-866-803-9204.
A registration statement on Form S-1 relating to these securities has
been declared effective by the SEC. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Camping World Holdings, Inc.
Camping World, headquartered in Lincolnshire, Illinois, is the leading
outdoor and camping retailer, offering an extensive assortment of
recreational vehicles for sale, RV and camping gear, RV maintenance and
repair and the industry’s broadest and deepest range of services,
protection plans, products and resources. Since the Company’s founding
in 1966, Camping World has grown to become one of the most well-known
destinations for everything RV, with 137 retail locations in 36 states
and a comprehensive e-commerce platform.
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Source: Camping World Holdings, Inc.