DALLAS, March 07, 2016 — Wingstop Inc. (NASDAQ:WING) (“Wingstop”) today announced that it has commenced a proposed public follow-on offering of its common stock (the “Offering”). In the Offering, which is subject to market and other conditions, certain of the Company’s stockholders intend to offer 5,000,000 shares of the Company’s common stock for sale. Additionally, certain of the Company’s stockholders intend to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of the Company’s common stock. The Company will not receive any proceeds from the sale of shares by the selling stockholders.
Morgan Stanley, Jefferies, and Baird are acting as lead joint book-running managers for the Offering. Goldman, Sachs & Co., Barclays, and Wells Fargo Securities are acting as passive book-running managers for the Offering.
A copy of the preliminary prospectus, when available, related to the offering may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department; or Jefferies LLC, 520 Madison Avenue, 2nd Floor, New York, New York 10022, Attention: Equity Syndicate Prospectus Department (Tel: +1 877 547 6340, e-mail: [email protected]); or Robert W. Baird & Co. Incorporated, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, Attention: Syndicate Department (Tel: + 1 800 792 2473, e-mail: [email protected]).
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time when the registration statement becomes effective. Copies of the registration statement can be accessed through the Securities and Exchange Commission’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Founded in 1994 and headquartered in Dallas, Texas, Wingstop has more than 845 restaurants open across the United States, Mexico, Singapore, the Philippines, Indonesia and United Arab Emirates. Wingstop specializes in cooked-to-order, hand-sauced and tossed chicken wings offered in 11 proprietary flavors, which range from extremely hot to mild: Atomic, Mango Habanero, Cajun, Original Hot, Louisiana Rub, Mild, Hickory Smoked BBQ, Lemon Pepper, Garlic Parmesan Hawaiian and Teriyaki. Wingstop’s bone-in and boneless chicken wings can be paired with a variety of house-made sides including Wingstop’s hand-cut, freshly-prepared seasoned fries.
Media Contact Kristina Jorge 646-277-1234 [email protected] Investor Contact Raphael Gross 203-682-8253 [email protected]