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Levi Strauss & Co. Launches IPO; To Be Priced Between $14.00-$16.00

Levi Strauss & Co. announced it has commenced an initial public offering of 36,666,667 shares of its Class A common stock. The company is offering 9,466,557 shares of Class A common stock and selling stockholders are offering 27,200,110 shares of Class A common stock. The IPO price is currently expected to be between $14.00 and $16.00 per share.

Levi Strauss & Co. designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. Its products are sold in more than 110 countries worldwide.

LS&Co. has applied to list its Class A common stock on the NYSE under the ticker symbol, LEVI.

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