Ollie’s Bargain Outlet Holdings, which operates 181 closeout retail locations across the US, filed on Monday with the SEC to raise up to $150 million in an initial public offering.
The Harrisburg, PA-based company, which was founded in 1982 and booked $666 million in sales for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol OLLI. Ollie’s Bargain Outlet initially filed confidentially on April 17, 2015. J.P. Morgan, Jefferies, BofA Merrill Lynch, Credit Suisse and Piper Jaffray are the joint bookrunners on the deal. No pricing terms were disclosed.
