Malibu Boats announces secondary public offering of class A shares

Selling stockholders to offer 3.48 million shares, with 15% greenshoe

By Marisa Wong

Madison, Wis., May 18 – Malibu Boats, Inc. announced that some selling stockholders intend to offer 3,475,005 shares of its class A common stock.

The selling stockholders intend to grant the underwriters a 30-day greenshoe for up to an additional 521,250 shares. If exercised, all additional shares will be offered at the public offering price.

The company will not sell any shares in the offering and will not receive any of the proceeds.

Raymond James, Wells Fargo Securities and SunTrust Robinson Humphrey are the joint bookrunners.

The company’s stock (Nasdaq: MBUU) closed at $20.67 on May 15.

Malibu Boats is a Loudon, Tenn.-based designer, manufacturer and marketer of performance sport boats.

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