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Traeger Announces Launch of Initial Public Offering

By   /  July 22, 2021  /  Comments Off on Traeger Announces Launch of Initial Public Offering

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SALT LAKE CITY–()–TGPX Holdings I LLC (“Traeger”) announced today the launch of its initial public offering of 23,529,411 shares of its common stock. The offering consists of 8,823,529 shares of common stock offered by Traeger and 14,705,882 shares of common stock to be sold by certain of Traeger’s existing stockholders. Traeger will not receive any proceeds from the sale of the shares by the selling stockholders. The underwriters will have a 30-day option to purchase up to 3,529,411 shares of common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is currently expected to be between $16.00 and $18.00 per…

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