Gander Mountain Company Announces Closing of Initial Public Offering

Share Name	Share Symbol	Market	Type
Gander Mountain Company (MM)	NASDAQ:GMTN	NASDAQ	Common Stock

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Gander Mountain Company (MM)

NASDAQ:GMTN

NASDAQ

Common Stock

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Gander Mountain Company Announces Closing of Initial Public Offering

26/04/2004 7:30pm

PR Newswire (US)

Gander Mountain Company (MM) (NASDAQ:GMTN)
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Gander Mountain Company Announces Closing of Initial Public Offering MINNEAPOLIS, April 26 /PRNewswire-FirstCall/ -- Gander Mountain Company today announced the closing of its initial public offering of 6,583,750 shares of its common stock at a price of $16.00 per share, including 858,750 shares sold upon exercise of the underwriters' over-allotment option. All of the shares were sold by Gander Mountain. Banc of America Securities LLC and William Blair & Company, L.L.C. acted as joint book-running managers of the offering and Piper Jaffray & Co. acted as co-manager of the offering. Gander Mountain will use the net proceeds of the offering to repay outstanding indebtedness. A final prospectus for the offering may be obtained from Banc of America Securities LLC, Capital Markets Operations (Prospectus Fulfillment Department), 9 West 57th Street, New York, New York 10019, or by facsimile request at 212-230-8540. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on April 20, 2004. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Gander Mountain Company Gander Mountain Company, headquartered in Minneapolis, Minnesota, is a leading specialty retailer that caters to the needs of outdoor lifestyle enthusiasts, with a particular focus on hunting, fishing and camping. Gander Mountain stores offer competitively priced national, regional and owned brand outdoor equipment, accessories, related technical apparel and footwear. There are currently 67 Gander Mountain outdoor lifestyle stores in nine states -- Illinois, Indiana, Iowa, Michigan, Minnesota, New York, Ohio, Pennsylvania and Wisconsin. DATASOURCE: Gander Mountain Company CONTACT: Sharon K. Link, Senior Vice President, Finance and Administration of Gander Mountain Company, +1-952-830-8000; or Bob Burton of IR Squared, +1-678-576-2991 Web site: http://www.gandermountain.com/

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GMTN Gander Mountain Company (MM)