Volcom has priced an underwritten secondary public offering of 5 million shares of its common stock by certain selling stockholders at a public offering price of $34.00 per share. The underwriters of the offering have a 30-day option to purchase up to an additional 750,000 shares of common stock from selling stockholders to cover over-allotments, if any. Selling stockholders will sell all of the shares in the offering and, accordingly, all of the proceeds from the offering will go to the selling stockholders.
Wachovia Securities is the managing underwriter and sole book running manager of the offering. D.A. Davidson & Co. and Piper Jaffray are co-managers of the offering.
