Acushnet Files For IPO… and Coolest Stock Symbol

Acushnet Holdings Corp. (“Acushnet”) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.

The total number of shares to be offered and the price range for the proposed offering have not yet been determined.

Acushnet intends to apply to list the common stock under the symbol “GOLF.”

J.P. Morgan and Morgan Stanley are acting as lead book-running managers and as representatives of the underwriters. Nomura and UBS Investment Bank are also acting as lead book-running managers. Credit Suisse, Daiwa Capital Markets Deutsche Bank Securities, Jefferies and Wells Fargo Securities are also acting as joint book-running managers.

The shares of common stock to be sold in the offering will be sold by existing stockholders of Acushnet.

SOURCE: Titleist

PGW Staff

This post was produced by a Pro Golf Weekly staff member.

Add comment

Advertisement

IT’S FREE. NO CATCH.

Like Us On Facebook

Up Next On Tour

DATES 5/17- 5/20
TOUR PGA
EVENT AT&T Byron Nelson
COURSE Trinity Forest Golf Club
LOCALE Dallas, Texas
TV GOLF/CBS
PURSE $7,700,000
WIN SHARE $1,386,000
DEFENDING Billy Horschel
-----------------
TOUR European
EVENT Belgian Knockout
COURSE Rinkven Intl Golf Club
LOCALE Antwerp, Belgium
TV GOLF
PURSE € 1,000,000
DEFENDING New Event
-----------------
TOUR LPGA
EVENT Kingsmill Championship
COURSE Kingsmill Resort (River)
LOCALE Williamsburg, Va.
TV GOLF
PURSE $1,300,000
WIN SHARE $195,000
DEFENDING Lexi Thompson
-----------------
TOUR CHAMPIONS
EVENT Regions Traditions
COURSE Greystone G&CC (Founders)
LOCALE Birmingham, Alabama
TV GOLF
PURSE $2,400,000
WIN SHARE $360,000
DEFENDING Bernhard Langer