Amer Sports, Inc.

Amer Sports, Inc. (AS) priced its initial public offering on Feb 2, 2024 at $13.00 per share, below its $16.00–$18.00 range, and listed on NYSE. At the IPO price its market capitalization was about $6.36B. Goldman Sachs was lead-left underwriter, joined by BofA Securities, J.P. Morgan and Morgan Stanley and others. Conyers Dill & Pearman and Davis Polk advised the company and Latham & Watkins advised the underwriters.

Amer Sports, Inc. is a global group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic and Peak Performance. It develops equipment and apparel for athletes and everyday consumers, positioning its brands in the premium segment of their categories.

Status

IPO

Ticker

AS

Exchange

NYSE

Priced

Feb 2, 2024

IPO price

$13.00

Price range

$16.00–$18.00

Market cap at IPO price

$6.36B

First filed

Jan 4, 2024

Underwriters

Goldman Sachs, BofA Securities, J.P. Morgan, Morgan Stanley, Citigroup, UBS, Baird, CICC, CLSA, Evercore ISI, TD Cowen and Wells Fargo

Company counsel

Conyers Dill & Pearman and Davis Polk

Underwriters' counsel

Latham & Watkins

Sector

Consumer

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.