Deal Details
Follow-On Offering
Summary
Baird served as the book-running manager on this transaction
About
Rocky Brands, Inc. (Nasdaq: RCKY) recently completed a 1,800,000 share follow-on offering of its common stock at $8.40 per share. Gross proceeds from the offering totaled approximately $15.1 million. Rocky Brands intends to use the proceeds from the offering the repayment of long-term debt.Based in Nelsonville, OH, Rocky Brands is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well recognized brand names including Rocky®, Georgia Boot®, Durango®, Lehigh®, and the licensed brands Michelin® and Mossy Oak®. Rocky participates in three attractive markets, work, western and hunting which benefit from low fashion risk and recurring demand for products.
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- Date
- May 2010
- Company
- Rocky Brands, Inc.
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
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