SRAM Corporation Registers for Initial Public Offering

PRESS RELEASE: SRAM International Corporation announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

J.P. Morgan Securities LLC, BofA Merrill Lynch and Morgan Stanley will be acting as joint book-running managers for the offering. Baird, Lazard Capital Markets, Piper Jaffray and Stifel Nicolaus Weisel will be acting as co-managers.

Copies of the preliminary prospectus, when available, may be obtained from:

J.P. Morgan Securities LLC
Attn: Prospectus Department
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone 866-803-9204

BofA Merrill Lynch
Attn: Prospectus Department
4 World Financial Center
New York, New York 10080
E-mail: dg.prospectus_requests@baml.com

Morgan Stanley & Co. Incorporated
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, New York 10014
Telephone: 866-718-1649
E-mail: prospectus@morganstanley.com

A registration statement relating to SRAM International Corporation’s Class A common stock has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Copies of the registration statement can be accessed through the Securities and Exchange Commission’s website at www.sec.gov.

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 or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About SRAM International Corporation

SRAM International Corporation was incorporated on April 29, 2011 for the purpose of becoming a holding company with a 100% ownership interest in SRAM, LLC. SRAM is a global designer, manufacturer and marketer of bicycle components. SRAM’s products include drivetrain systems, suspension, brakes, internal gear hubs and wheelsets, all of which are essential components used on road bikes, mountain bikes or pavement bikes.

Comments

topmounter - 05/12/11 - 6:20pm

Good luck with the SOX compliance… I guess they must have a REALLY good reason to go public. Hopefully it’s not just because their existing investors can’t find a better out.

lars - 05/13/11 - 3:36am

booooring :-)

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