The high-end cooler maker is selling 2.5 million shares, and current shareholders are selling 17.5 million shares plus a 3 million overallotment at a price of $19.00 to $21.00 per share. The offering is expected to be priced next week. At the midpoint, the IPO would raise $400 to $460 million, with about $50 million of the proceeds going to the company. Cortec Group, a private equity firm that currently owns 69.4% of Yeti, is selling between 13.3 and 15.6 million of its 56.3 million shares. Cortec will own between 48.7% and 51.4% of YETI shares after the offering, but ... Log in to view full article.