Wayfair Readies Public Offering

Home furnishings and décor e-tailer Wayfair has filed a registration statement with the United States Securities and Exchange Commission related to a proposed initial public offering of shares of Class A common stock. The number of shares offered, the portion of the shares set for purchase by Wayfair and existing stockholders, and the offering price range have not yet been determined, the company stated.

Wayfair noted that it plans to list its Class A common stock on the New York Stock Exchange under the symbol W.

Goldman, Sachs & Co. is the lead bookrunning manager and representative of the underwriters for the offering, Wayfair maintained, and BofA Merrill Lynch and Citigroup are acting as joint bookrunning managers. Allen & Co. LLC, Pacific Crest Securities, Piper Jaffray & Co., Wells Fargo Securities, LLC, Canaccord Genuity, Cowen and Co., and Raymond James & Associates are acting as co-managers.

Wayfair is headquartered in Boston and has additional facilities in New York, Ogden, UT, Hebron, KY, Galway, Ireland, London, Berlin and Sydney, Australia.