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Revolve updates on IPO action

|About: Revolve Group, Inc. (RVLV)|By:, SA News Editor

Revolve Group (NYSE:RVLV) announced the closing of its IPO offering of 13,529,411 shares of its Class A shares, which includes the full exercise of the underwriters’ option to purchase 1,764,705 additional shares at a price to the public of $18.00 per share.

The company says it offered 3,382,352 of the shares and 10,147,059 of the shares were offered by certain selling stockholders.

RVLV closed at $35.54 today after the IPO was priced at $18.

Source: Press Release

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