Pitching itself as a much-improved health and wellness company for pets and pet parents, San Diego-based Petco is ready to return to public ownership and is eyeing as much as $100 million in proceeds from the sale of shares.
Thursday, the retailer filed its registration statement with the U.S. Securities and Exchange Commission. The company, which is headquartered in Rancho Bernardo and employs 26,000 people, plans to list its common stock on the Nasdaq Global Select Market under the ticker symbol “WOOF.”
Petco has yet to disclose a price range for the offering or the number of shares it plans to make available.
Source: The San Diego Union Tribune
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