SOUTHLAKE, Texas, Aug. 1, 2012 (GLOBE NEWSWIRE) -- Del Frisco's Restaurant Group, Inc. (Nasdaq:DFRG) announced today the closing of its initial public offering of 5,800,000 shares of common stock at a price of $13.00 per share (before underwriting discounts and commissions).
Deutsche Bank Securities, Piper Jaffray & Co. and Wells Fargo Securities acted as joint book running managers for the offering. Cowen and Company, LLC and Raymond James & Associates, Inc. acted as co-managers for the offering.
Copies of the final prospectus relating to the offering may be obtained from the prospectus department of Deutsche Bank Securities Inc. at 60 Wall Street, New York, New York 10005, Attention: Prospectus Group, by telephone at (800) 503-4611 or by e-mailing prospectus.cpdg@db.com; from Piper Jaffray & Co. at 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, Attention: Equity Capital Markets, by telephone at (800) 747-3924 or by e-mailing prospectus@pjc.com; or from Wells Fargo Securities, LLC at 375 Park Avenue, New York, New York 10152, Attention: Equity Syndicate Department, by telephone at (800) 326-5897 or by e-mailing cmclientsupport@wellsfargo.com.
Opening Bell Ceremony on August 6, 2012
Del Frisco's also announced that in celebration of its initial public offering, the Company will ring the NASDAQ opening bell on Monday, August 6th at 9:30 am ET at the NASDAQ MarketSite in New York City. In attendance will be Mark Mednansky, Chief Executive Officer, Thomas Pennison Jr., Chief Financial Officer, as well as other members of the Del Frisco's team.
Speaking on behalf of the Company, Mednansky said, "We are very pleased to be closing our initial public offering and to be celebrating a new chapter in our corporate history by ringing the NASDAQ opening bell. We look forward to continued success at Del Frisco's as we create long-term value for our shareholders."
About Del Frisco's Restaurant Group
Based in Southlake, TX, Del Frisco's Restaurant Group owns and operates three contemporary, high-end, complementary restaurant concepts: Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille. The Company currently operates 32 restaurants across 18 states. Each of its three concepts offers steaks and other menu selections, such as chops and fresh seafood, complemented by an extensive wine selection.