Amer Sports (NYSE:AS) successfully completed a $1.302 billion follow-on equity offering on May 29, 2025. This offering involved the sale of ordinary shares by entities affiliated with FountainVest Partners, a significant shareholder.
FountainVest Partners aimed to sell approximately half of its shares in Amer Sports through this transaction, marking a notable shift in the company's shareholder dynamics. Amer Sports itself did not sell any shares and did not receive any proceeds from this offering.
The completion of this offering increases the public float of Amer Sports shares. This event coincided with the company's strong Q1 2025 earnings release and raised corporate guidance, which contributed to positive investor attention.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.