Corte Madera, CA - November 1, 2012 – Restoration Hardware Holdings, Inc. today announced the pricing of its initial public offering of 5,164,332 shares of its common stock at a price to the public of $24 per share. The shares will be listed on the New York Stock Exchange and will trade under the ticker symbol “RH” beginning on November 2, 2012. Restoration Hardware is offering 4,782,609 shares of common stock and selling shareholders are offering 381,723 shares of common stock. The underwriters also have an option to purchase up to an additional 774,650 shares from certain selling shareholders.
BofA Merrill Lynch and Goldman, Sachs & Co. are acting as joint book-running managers of the offering, with Baird, William Blair, Piper Jaffray & Co. and Stifel Nicolaus Weisel acting as co-managers.
The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from the offices of: BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038 or by emailing firstname.lastname@example.org; Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone at (866) 471-2526, facsimile at (212) 902-9316 or by emailing email@example.com; Baird, Attention: Syndicate Department, 777 E. Wisconsin Ave., Milwaukee, WI 53202, telephone at (800) 792-2473 or by emailing firstname.lastname@example.org; William Blair, Attention: Prospectus Department, 222 West Adams Street, Chicago, IL 60606, or by telephone at (800) 621-0687; Piper Jaffray & Co., 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, telephone at (800) 747-3924 or by emailing email@example.com; or Stifel Nicolaus Weisel, One South Street, 15th Floor, Baltimore, MD 21202, telephone at (855) 300-7136 or by emailing firstname.lastname@example.org.
A registration statement relating to the common shares has been filed with, and declared effective by, the Securities and Exchange Commission. This press release does not constitute an offer to sell, or the solicitation of an offer to buy the securities described above, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Restoration Hardware
Restoration Hardware is a luxury brand in the home furnishings marketplace, offering product assortments across a number of categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, as well as baby and child products. Restoration Hardware operates an integrated business across multiple channels of distribution including galleries, catalogs and websites.
S. Leigh Parrish
FTI Consulting, Inc.
Phone: (415) 945-4621