The U.S. online shopping world's biggest day is here, but will strong web sales on Black Friday and Thanksgiving cut into Cyber Monday's take?
VitaminShoppe.com, Inc., an online retailer of vitamins, nutritional supplements and minerals, has raised $50 million in an initial public offering. The Company expects to sell 4,545,455 shares of Class A Common Stock at $11 per share. VitaminShoppe.com shares began trading Friday, Oct. 8 on the Nasdaq National Market. All of the shares are being offered by VitaminShoppe.com.
The offering was managed by Thomas Weisel Partners LLC, William Blair & Company and PaineWebber Incorporated. Vitaminshoppe.com has granted the underwriters an over-allotment option to purchase up to an additional 681,818 shares of Class A Common Stock for 30 days following the pricing of the offering.
Vitaminshoppe.com, a majority-owned subsidiary of Vitamin Shoppe Industries Inc., is a leading online source for products and content related to vitamins, nutritional supplements and minerals.