CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO - News) announced today that it has priced a public offering of 2,600,000 shares of its common stock at a price to the public of $7.00 per share for total gross proceeds of $18,200,000 million. Raymond James & Associates, Inc. is serving as the sole underwriter for this offering. The underwriter also has the option to purchase up to an additional 390,000 shares of common stock from MarineMax at the public offering price, less underwriting discounts and commissions, within 30 days. The net proceeds of the offering will be used for general corporate purposes, which may include debt reduction.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to these securities has been filed with the SEC and is effective, and a prospectus supplement relating to the offering will be filed with the SEC. You may obtain these documents for free by visiting EDGAR on the SEC’s website, at www.sec.gov. Alternatively, a copy of the prospectus supplement and accompanying prospectus may be obtained from Raymond James & Associates, Inc. at 880 Carillon Parkway, St. Petersburg, Florida 33716 or by telephone at 1-800-248-8863.
About MarineMax
Headquartered in Clearwater, Florida, MarineMax is the nation’s largest recreational boat and yacht retailer. Focused on premium brands, such as Sea Ray, Boston Whaler, Meridian, Cabo, Hatteras, Azimut Yachts and Grady White, MarineMax sells new and used recreational boats and related marine products and provides yacht brokerage services. MarineMax currently operates 65 retail locations in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Maryland, Minnesota, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas and Utah. MarineMax is a New York Stock Exchange-listed company.
MarineMax, Inc.
Michael H. McLamb
Chief Financial Officer
727-531-1700
or
ICR, LLC
Brad Cohen, 203-682-8211
bcohen@icrinc.com
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