Minneapolis, Minn. (PRWEB) September 27, 2007
CSAV Holding Corp. announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The shares of common stock will be sold by CSAV and certain of its stockholders. The number of shares to be offered and the price range of the offering have not yet been determined.
The underwriters for the offering will be Wachovia Securities and Piper Jaffray & Co., as joint book runners, and William Blair & Company, LLC, Jefferies & Company, Inc. and Robert W. Baird & Co. Incorporated, as co-managers.
The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus relating to the offering may be obtained from Wachovia Securities by contacting the prospectus department at Wachovia Securities, 375 Park Avenue, New York, NY, Attention: Equity Syndicate Department, 4th Floor, 1-800-326-5897 or from Piper Jaffray & Co. by contacting the prospectus department at 800 Nicollet Mall, Suite 800, J12S03, Minneapolis, MN 55402, 1-877-371-5212.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these 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 CSAV Holding Corp.
CSAV Holding Corp. is a designer, manufacturer, marketer and distributor of branded audio visual mounting equipment and display solutions. Its products are marketed through the Chief®, Sanus®, iC®, Vuepoint™ and simplicity™ brands and are distributed through over 4,500 customers globally including leading Pro-AV and home theater dealers, consumer electronics retailers and mass merchants. CSAV is headquartered in Savage, Minnesota with additional offices in Roseville, Minnesota; Eindhoven, the Netherlands; and Shenzhen, China.