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Article: Vitacost.com, Inc. Announces the Closing of Its Initial Public Offering.
- Article from:
- Obesity, Fitness & Wellness Week
- Article date:
- October 17, 2009
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Vitacost.com, Inc. (NASDAQ: VITC), a leading online retailer and direct marketer of health and wellness products, announced it has closed its previously announced initial public offering of 11,000,000 shares of common stock (see also Vitacost.com, Inc.).
Vitacost.com, Inc. sold 4,428,445 shares and selling stockholders sold 6,571,555 shares. In addition, Vitacost.com, Inc. and selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of common stock to cover any over-allotments.
Jefferies & Company and Oppenheimer & Co. acted as the joint book-running managers of the offering. Needham & Company, ...