The Fresh Market Holdings, Inc., parent company of The Fresh Market, announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The Fresh Market expects to use the proceeds of the offering for general corporate purposes, which may include the repayment of indebtedness. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.
Source: The Fresh Market