Volcom, Inc. announced that the underwriters of its previously announced common stock offering of 5,000,000 shares, which closed on December 9, 2005, have exercised in part their over-allotment option granted in connection with the offering and have purchased an additional 205,530 shares of common stock from certain selling stockholders identified in the prospectus dated December 5, 2005.
Selling stockholders sold all of the shares in the over-allotment option and, accordingly, all of the proceeds from the over-allotment option went to those selling stockholders.
Wachovia Securities was the managing underwriter and sole book running manager of the offering. D.A. Davidson & Co. and Piper Jaffray were co-managers of the offering. Copies of the final prospectus related to this offering may be obtained from Wachovia Securities, Attn: Equity Capital Markets, 7 St. Paul Street, Baltimore, MD 21202.
The offering was made solely by means of a prospectus. 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 or jurisdiction.
