JACKSONVILLE, Fla.--(BUSINESS WIRE)--Southeastern Grocers, Inc. (the “Company”) announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to a potential initial public offering of its common stock. The shares in the proposed offering are expected to be offered by existing stockholders of the Company. This process will help enable the Company to make the decision to become publicly traded, subject to market and other conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.