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The big dog: Petco Health and Wellness prices IPO above the range at $18

January 13, 2021
WOOF

Petco Health and Wellness, a multi-channel pet care retailer with about 1,500 locations across North America, raised $864 million by offering 48 million shares at $18, above the range of $14 to $17.

Petco Health and Wellness plans to list on the Nasdaq under the symbol WOOF. Goldman Sachs, BofA Securities, Citi, Evercore ISI, Credit Suisse, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.