Dave & Buster's Ready to "Play" with IPO

Dave & Buster's Entertainment, Inc., the parent company of Dave & Buster's, Inc., an owner and operator of entertainment/dining venues, today announced that it has commenced the underwritten initial public offering of 5,882,353 shares of its common stock (the offering) pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission. 

In connection with the offering, the company intends to grant the underwriters the option to purchase up to 882,352 additional shares of its common stock. The estimated price range for the initial public offering is $16 to $18 per share of common stock. 

Dave & Buster's application to list its common stock on The NASDAQ Stock Market LLC under the symbol PLAY has been approved.

Jefferies LLC and Piper Jaffray & Co. are acting as lead book-runners for the offering. William Blair & Company, L.L.C., Raymond James & Associates Inc. and Stifel, Nicolaus & Company, Incorporated are also acting as book-runners for the offering. LOYAL3 Securities, Inc. is acting as co-manager for the offering.

News and information presented in this release has not been corroborated by WTWH Media LLC.