Chewy Prepares for IPO



Published:

Online pet product retailer Chewy, Inc. has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) in preparation for a proposed initial public offering of its Class A common stock under the ticker "CHWY."

 

The number of shares and price range that will be offered were not disclosed in the filing, nor was the amount of capital Chewy expects to raise through the IPO. It is reported that previous estimates placed the company's value at "between $4.15 billion and $4.75 billion, according S&P Global Ratings." 

 

The registration statement was filed on April 29 but is not yet effective. It lists Allen & Company LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as joint lead bookrunning managers for the offering, which will be made only by means of a prospectus.

 

When available, copies of the preliminary prospectus can be obtained from: 

 

Allen & Company LLC

Attention: Prospectus Department

711 Fifth Avenue, 10th Floor

New York, NY 10022

(212) 339-2220 

allenprospectus@allenco.com

 

J.P. Morgan Securities LLC

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717

(866) 803-9204

prospectus-eq_fi@jpmchase.com

 

Morgan Stanley & Co. LLC

Attention: Prospectus Department

180 Varick Street, 2nd Floor

New York, NY 10014

prospectus@morganstanley.com

 

 

Edit ModuleShow Tags

Archive »Related Content

A PIJAC Term Retrospective

The outgoing chair of the Pet Industry Joint Advisory Council looks back at the great strides that have been made within the pet care community.

The Three Wellness Trends Revolutionizing the Pet Industry

Pet parents are seeking out products that are environmentally-friendly, contain ancient grains and include calming qualities.

The Power of Distribution

Celeste Powers, president of the Pet Industry Distributors Association, discusses how the pet industry’s specialty distributors can be a valuable partner to retailers and manufacturers alike.
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags