Hydrofarm holdings group announces pricing of initial public offering

Petaluma, calif., dec. 09, 2020 (globe newswire) -- hydrofarm holdings group, inc. (“hydrofarm”), a leading independent branded hydroponics company with a comprehensive distribution platform, today announced the pricing of its initial public offering of 8,666,667 shares of common stock at a price to the public of $20.00 per share. in addition, hydrofarm has granted the underwriters a 30-day option to purchase up to an additional 1,300,000 shares to cover over-allotments, if any. the shares are expected to begin trading on december 10, 2020 on the nasdaq global select market under the ticker symbol “hyfm.” the closing of the offering is expected to occur on december 14, 2020, subject to customary closing conditions.
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