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BALTIMORE, Nov. 17 /PRNewswire/ -- Under Armour, Inc. announced today the
public offering of 12,124,000 shares of its Class A common stock at a price of
$13 per share. Of the total offering, Under Armour is selling 9,500,000
shares of Class A common stock. The remaining 2,624,000 shares of Class A
common stock are being sold by certain stockholders.
The underwriters have an option to purchase up to an additional 1,818,600
shares of Class A common stock from certain stockholders, at the public
offering price less the underwriting discounts and commissions, to cover
over-allotments.
Goldman, Sachs & Co. is acting as the lead underwriter and sole bookrunner
for the offering. Additionally, CIBC World Markets and Wachovia Securities
are joint lead managers, and Piper Jaffray and Thomas Weisel Partners LLC are
serving as co-managers.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
such state. Any offer or sale will be made only by means of the written
prospectus forming a part of the effective registration statement.
A copy of the prospectus relating to this offering may be obtained from:
Goldman, Sachs & Co., 85 Broad Street, New York, New York, 10004, Attn:
Prospectus Department.
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