MANCHESTER – Bob’s Discount Furniture Inc. has filed a registration statement to go public, according to a press release from the furniture company.
The company filed a Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The company intends to list its common stock on the New York Stock Exchange under the ticker symbol “BOBS.”
J.P. Morgan Securities LLC, Morgan Stanley, RBC Capital Markets LLC and UBS Securities LLC are acting as joint book-running managers for the proposed offering. BofA Securities, Evercore Group L.L.C. and Goldman Sachs & Co. LLC are also acting as bookrunners for the proposed offering. Baird, KeyBanc Capital Markets Inc. and Raymond James & Associates Inc. are acting as co-managers for the proposed offering.
Bob Kaufman founded Bob’s Discount Furniture in 1991 in Newington, when he transitioned from selling waterbeds to furniture and sought to offer affordable, no-gimmick pricing. The company has since grew from that single store to over 200 locations.
