Stevanato Group S.p.A. (the “Company”), a leading global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its ordinary shares (the “Offering”).
A portion of the ordinary shares will be issued and sold by the Company and a portion will be sold by its shareholder Stevanato Holding S.r.l.. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The Offering is subject to market conditions, and there can be no assurance as to whether, or when, the Offering may be completed or as to the actual size or terms of the Offering. The Company intends to list its ordinary shares on the New York Stock Exchange under the symbol STVN.
Morgan Stanley, BofA Securities and Jefferies will act as lead book-running managers. Citigroup, KeyBanc Capital Markets, UBS Investment Bank, Wells Fargo Securities and William Blair will act as book runners.
The proposed offering will be made only by means of a prospectus.
A registration statement on Form F-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.