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Published on 10/9/2014 in the Prospect News PIPE Daily.

Dave & Buster's prices $94.12 million IPO of common stock at $16.00

Jefferies, Piper Jaffray William Blair, Raymond James are bookrunners

By Devika Patel

Knoxville, Tenn., Oct. 9 – Dave & Buster's Entertainment, Inc. said it priced its $94.12 million initial public offering of stock with a $14.12 million greenshoe.

The company will sell 5,882,353 common shares at $16.00 apiece.

Jefferies LLC and Piper Jaffray & Co. are the lead bookrunners and William Blair & Co., LLC, Raymond James & Associates, Inc. and Stifel are also bookrunners.

Settlement is expected Oct. 16.

Proceeds will be used for debt repayment.

Based in Dallas, Dave & Buster's is the parent company of Dave & Buster's, Inc., an owner and operator of 70 venues combine dining and entertainment. It intends to list its common stock on the Nasdaq under the symbol “PLAY.”

Issuer:Dave & Buster's Entertainment, Inc.
Issue:Common stock
Amount:$94,117,648
Greenshoe:$14,117,632
Shares:5,882,353
Price:$16.00
Warrants:No
Bookrunners:Jefferies LLC and Piper Jaffray & Co. (leads), William Blair & Co., LLC, Raymond James & Associates, Inc. and Stifel
Co-manager:Loyal3 Securities, Inc.
Pricing date:Oct. 9
Settlement date:Oct. 16
Stock exchange:Nasdaq: PLAY

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