Potbelly IPO expected next week
THE ASSOCIATED PRESS September 27, 2013 12:48PM
Updated: September 27, 2013 12:48PM
Potbelly Corp. is expected make its initial public stock offering next week.
The Chicago-based operator of Potbelly sandwich shops priced its shares between $9 and $11 apiece and intends to sell 7.5 million shares under the symbol PBPB. The company’s shares will trade on the Nasdaq.
Potbelly is one of six IPOs expected next week, according to Renaissance Capital and SEC filings.
Among the other companies to come to market are Burlington Stores Inc. and Re/Max Holdings Inc.
The operator of Burlington Coat Factory stores intends to sell 13.3 million at between $14 and $16 each. Its shares will trade under the symbol BURL on the New York Stock Exchange.
And real estate franchisor Re/Max Holdings intends to sell 10 million shares at between $19 and $21 each. It will trade as RMAX on the New York Stock Exchange.