Golf Galaxy, Inc. filed a request with the Securities and Exchange Commission to withdraw its Registration Statement on Form S-1, Registration No. 333-133756 due to the decline of its stock price since that event.
On May 3, 2006, Golf Galaxy filed a Registration Statement with the SEC for an underwritten public offering by the company and certain selling shareholders of up to 3,599,500 shares of the company’s common stock.
“Due to the decline of our stock price since the filing date, we have elected not to proceed with our planned follow-on public offering at this time,” said Randy Zanatta, president and chief executive officer of Golf Galaxy. “We believe our existing financial resources are adequate to fund our current growth plans.”
