Amer Sports Looks to Raise Over $1.6 Billion in IPO

January 22, 2024

Amer Sports, Inc., the parent of the Arc’teryx, Armada, Atomic, DeMarini, EvoShield, Louisville Slugger, Salomon, Wilson, and other sports and outdoor brands, launched an initial public offering of 100,000,000 ordinary shares. With the offering, Amer Sports granted the underwriters a 30-day option to purchase up to 15,000,000 additional ordinary shares to cover over-allotments. 

The IPO price is expected to be between $16.00 and $18.00 per share.

Amer Sports is approved to list its ordinary shares on the New York Stock Exchange under the ticker symbol “AS.” SGB