ANN ARBOR, Mich.--Domino's Pizza, Inc. announced it has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed $300 million initial public offering (IPO) of shares of its common stock.
According to a news release, the shares would be offered by the company and existing stockholders.
No date is set for the offering, though the release said it will occur as "as soon as practicable."
J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Bear, Stearns & Co. Inc., Credit Suisse First Boston LLC and Lehman Brothers will underwrite the offering.
According to an SEC filing, Domino's plans to use the proceeds from the offering to pay off debt.
The company anticipates listing its shares on the New York Stock Exchange under the trading symbol DPZ.
Should the IPO be proceed as planned, Domino's will join the ranks of other publicly held pizza companies, including Pizza Hut (Yum! Brands), Papa John's, Chuck E. Cheese's, California Pizza Kitchen, Pizza Inn and Chicago Pizza & Brewery.
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