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Article Date: October 2017
Word Count: 338

Camping World Sets 7.7 Million Secondary Offering


CWH filed an S-1 registration on behalf of Crestview Partners and CEO Marcus Lemonis to sell up to 7,705,000 Class A shares worth $333,087,150 at the current price of at $43.23 a share. Its share price has nearly doubled in the past year since its IPO in Oct. 2016 at $22 per share. The total includes a 1,005,000 share overallotment and, if the offering is fully subscribed, Crestview will sell a total of 6.9 million shares and Lemonis will sell 805,000 shares. Lemonis will retain 52% of the voting power of CWH’s Class A and B shares after the transaction, ... Log in to view full article.

 


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