BBB Foods Inc. Announces Closing of Follow-On Offering and Exercise in Full of the Underwriter’s Option to Purchase Additional Shares
The underwriters’ option to purchase an additional 1,995,626 Class A common shares from Tiendas 3B, was exercised in full and such shares are being delivered concurrently with the closing of the offering. Tiendas 3B intends to use the net proceeds from the primary portion of the offering for general corporate purposes, which may include making strategic investments.
J.P. Morgan and Morgan Stanley acted as global coordinators of the offering. BTG Pactual, Santander and Scotiabank acted as joint bookrunners.
Tiendas 3B has filed with the
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer or sale of the 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. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the
About Tiendas 3B
Tiendas 3B, a proudly Mexican company, is a pioneer and leader of the grocery hard discount model in Mexico and one of the fastest growing retailers in the country as measured by its sales and store growth rates. The 3B name, which references “Bueno, Bonito y Barato” - a Mexican saying which translates to “Good, Nice and Affordable” - summarizes Tiendas 3B’s mission of offering irresistible value to budget savvy consumers through great quality products at bargain prices. By delivering value to the Mexican consumer, we believe we contribute to the economic well-being of Mexican families. In a landmark achievement, Tiendas 3B was listed on the New York Stock Exchange in February 2024 under the ticker symbol “TBBB.”
For more information, please visit: https://www.investorstiendas3b.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260601450766/en/
Investor Relations Contact
ir@tiendas3b.com
Source: Tiendas 3B