Amer Sports IPO: Date, Price, Final Terms, S-1
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The Amer Sports IPO date was Thursday, February 1st, 2024. The stock opened for trading at 12:58 pm ET at $13.40. See terms.
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Table of Contents
Amer Sports IPO Stock Recent News
02/01/2024: Amer Sports opens for trading at $13.40
01/22/2024: Amer Sports IPO Roadshow Released
01/04/2024: Wilson and Arc’teryx owner Amer Sports files for New York IPO
What is Amer Sports?
Amer Sports is a sporting brand and equipment maker based in Helsinki, Finland. The multinational company has a storied history with roots in the tobacco and publishing industries but is now focused on sports.
Its brands include Salomon, Atomic Skis, Arc’teryx, Peak Performance, and Wilson Sporting Goods (including Louisville Slugger). It sells products in more than 100 countries, and 2022 global revenues were $3.5 billion.
It was previously a publicly traded company on the Helsinki Stock Exchange but was taken private in 2019.
Though known as a Finnish company, it is privately owned by a consortium of international investors launching an IPO in the U.S. on the NYSE in 2024. It released its SEC filing to the public on January 4th, 2024.
Is Amer Sports Publicly Traded?
Yes. It is now publicly traded.
Who Owns Amer Sports?
A consortium of international investors owned Amer Sports headed into the IPO. They included:
- Anta Sports — A large Chinese sports manufacturer.
- Chip Wilson — Via Anamered Investments. Wilson is the Founder of Lululemon (not Wilson Sporting Goods)
- Tencent Holdings — A public Chinese company that trades in the U.S.
- FountainVest Partners — A private equity firm based in Hong Kong
Amer Sports is now owned by shareholders.
When ws the Amer Sports IPO Date?
The Amer Sports IPO date was Thursday, February 1st. What time do IPOs start trading?
Amer Sports IPO Terms
- Common Stock Offered: 105,000,000
- Amer Sports IPO Price Range: $13 (below the range of $16-$18)
- IPO Date: Thursday 02/01/2024
- Ticker: “AS”
- Amer Sports Valuation: $6.3 billion
- Raise: ~$1.365 billion
- Lead Underwriter: Goldman Sachs
- Opening Trade: $13.40
Proceeds will be used to pay off a large debt that expires in March 2024.
Additional underwriters include BofA, J.P. Morgan, Morgan Stanley, Citigroup, and UBS Investment Bank.
What is the Amer Sports Stock Symbol? Amer Sports Ticker?
The Amer Sports stock symbol is “AS”.
Where is the Amer Sports IPO F-1 Filing?
Below is the Amer Sports F-1 filing.
Expect updated versions to be released in the coming weeks. Get the latest filings here and follow the SEC filing feed for all upcoming IPOs.
What is the Amer Sports Stock Price?
How to Invest in Amer Sports Stock
Amer Sports is now a public company. Investors can access shares via any online broker, including the following that also offer IPO access to customers
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
Conclusion
Investors get excited when they identify companies riding extraordinary macroeconomic trends, such as sports apparel and equipment. This can lead us to private companies positioning to profit from massive opportunities.
Early access via pre-IPO investing was challenging in the case of Amer Sports because a private consortium of international investors owned it.
Now that the IPO is over, investors can own the stock with ease.
Though IPO access has improved with multiple brokers offering IPO shares, allocations are usually small, and many investors will not have accounts with the brokers offering access.
So, if you pursue Amer Sports IPO shares, maintain reasonable expectations. Invest in IPOs with caution.
Craig Stephens founded Access IPOs in 2016 to help ordinary investors explore IPO and pre-IPO opportunities. He also manages the Access Club, a membership community for IPO and startup investors. Craig studied Finance at Michigan State University and lives in Northern Virginia. Learn more about Craig.
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