MARKET WIRE NEWS

Amer Sports Announces Pricing of its Public Offering of 20,604,396 Ordinary Shares

MWN-AI** Summary

Amer Sports, Inc. has officially announced the pricing of its public offering, which involves the sale of 20,604,396 ordinary shares at a public offering price of $36.40 per share. This offering is supported by a 30-day option granted to the underwriters to purchase up to an additional 3,090,659 shares. The offering is anticipated to close on March 4, 2026, pending customary closing conditions. Proceeds from this offering will primarily be used to redeem outstanding principal on the Company’s 6.750% Senior Secured Notes due 2031, alongside associated premiums, fees, and expenses.

The leading book-running managers for this offering are BofA Securities and J.P. Morgan, with notable participation from Citigroup, Goldman Sachs, Morgan Stanley, UBS Investment Bank, and others. The Company has filed an automatically effective registration statement with the SEC, which includes a comprehensive prospectus. Investors are encouraged to review this documentation for complete details regarding the offering and Amer Sports.

As a prominent global entity within the sports and outdoor industry, Amer Sports maintains a portfolio of well-known brands including Arc’teryx, Salomon, and Wilson. The Company employs over 15,400 individuals worldwide and aims to foster better performance through exceptional products. In terms of financial health, Amer Sports reported revenues of $6.6 billion in 2025.

The announcement includes forward-looking statements that outline various risks and uncertainties affecting the Company's operations. Factors such as market conditions, competition, and consumer preferences are acknowledged as potential influences on outcomes tied to the offering. Amer Sports’ stock is traded on the New York Stock Exchange, reinforcing its position in the premium sports and outdoor brand market.

MWN-AI** Analysis

Amer Sports, Inc. (NYSE: AS) has recently announced the pricing of its public offering of 20,604,396 ordinary shares at $36.40 each, with an additional option of 3,090,659 shares for underwriters. This strategic move signals the company's focus on strengthening its financial position by utilizing the net proceeds to redeem its 6.750% Senior Secured Notes due 2031.

From a market perspective, investors should approach this offering with a balanced view. The immediate reaction to such announcements can vary; however, focusing on long-term fundamentals may yield favorable results. By redeeming its senior notes, Amer Sports aims to lower its debt burden, potentially reducing interest expenditures and improving cash flow. This could enhance its capacity for future investments, either in product innovation or channel expansion.

Given Amer's strong brand portfolio, which includes notable names such as Salomon and Wilson, the offering may position the company favorably in a competitive landscape. The emphasis on premium-quality products and a dedication to innovation suggests a commitment to maintaining market leadership. Moreover, with a reported revenue of $6.6 billion for the fiscal year 2025, Amer Sports seems to be on a solid growth trajectory.

However, investors must remain cautious. Potential risks cited in the announcement, including market trends, competition, and global economic conditions, could impact performance. Investors should conduct thorough due diligence, examining risk factors as noted in their SEC filings.

In summary, the pricing of Amer Sports' public offering represents an opportunity for strategic financial repositioning. While the fundamentals suggest favorable growth prospects, investors should weigh potential risks carefully and consider this offering in the context of their broader investment strategy.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Amer Sports, Inc. (the “Company” or “Amer Sports”) (NYSE: AS) announced today the pricing of its previously announced public offering of 20,604,396 ordinary shares at a price to the public of $36.40 per share. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 3,090,659 ordinary shares.

The closing of the offering is expected to occur on March 4, 2026, subject to the satisfaction of customary closing conditions. Amer Sports intends to use the net proceeds it receives from the offering, together with cash on hand, to redeem the outstanding principal amount of its 6.750% Senior Secured Notes due 2031 (the “Notes”) and to pay related premiums, fees and expenses. The foregoing does not constitute a notice of redemption for the Notes.

BofA Securities and J.P. Morgan are acting as lead book-running managers for the offering. Citigroup, Goldman Sachs & Co. LLC, Morgan Stanley, UBS Investment Bank, BNP Paribas, and Evercore ISI are acting as bookrunners for the offering. Baird, Barclays, Deutsche Bank Securities, and Siebert Williams Shank are acting as co-managers for the offering.

The Company has filed an automatically effective registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, including the documents incorporated by reference therein, any accompanying prospectus supplement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering. You may get these documents, when available, for free by visiting EDGAR on the SEC website at www.sec.gov . Copies of the prospectus and any accompanying prospectus supplement related to the offering may be obtained, when available, from: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, by email at dg.prospectus_requests@bofa.com ; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com .

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of these 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 Securities Act of 1933, as amended.

Forward-Looking Statements

This press release contains statements relating to an offering of our ordinary shares that constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Many of the forward-looking statements contained herein can be identified by the use of forward-looking words such as “anticipate,” “believe,” “may,” “will,” “expect,” “could,” “target,” “predict,” “should,” “plan,” “intend,” “estimate” and “potential,” and similar expressions. Forward-looking statements appear in a number of places herein and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, those identified under the section titled “Item 3. Key Information—D. Risk Factors” in our Annual Report on Form 20-F for the most recently ended fiscal year, which may be updated from time to time in our other filings with the SEC. These risks and uncertainties include factors relating to, but are not limited to: the strength of our brands; changes in market trends and consumer preferences; intense competition that our products, services and experiences face; harm to our reputation that could adversely impact our ability to attract and retain consumers and wholesale partners, employees, brand ambassadors, partners, and other stakeholders; reliance on technical innovation and high-quality products; general economic and business conditions worldwide, including due to inflationary pressures; the strength of our relationships with and the financial condition of our third-party suppliers, manufacturers, wholesale partners and consumers; ability to expand our direct-to-consumer channel, including the expansion and success of our retail stores and e-commerce platforms; our plans to innovate, expand our product offerings and successfully implement our growth strategies that may not be successful, and implementation of these plans that may divert our operational, managerial and administrative resources; our international operations, including any related to political uncertainty and geopolitical tensions; changes in trade policies, including tariffs and other trade restrictions; our and our wholesale partners’ ability to accurately forecast demand for our products and our ability to manage manufacturing decisions; our third-party suppliers, manufacturers and other partners, including their financial stability and our ability to find suitable partners to implement our growth strategy; the cost of raw materials and our reliance on third-party manufacturers; our distribution system and ability to deliver our brands’ products to our wholesale partners and consumers; climate change and sustainability-related matters, or legal, regulatory or market responses thereto; current and further changes to trade policies, tariffs, import/export regulations and anti-competition regulations in the United States, European Union, People’s Republic of China (“PRC”) and other jurisdictions, or our failure to comply with such regulations; the use and reliance on artificial intelligence can potentially cause intellectual property rights issues, security vulnerabilities, harm our business reputation, negatively impact our operations and impact our financial results; ability to obtain approvals from PRC authorities to remain listed on the U.S. exchanges and offer securities in the future; ability to obtain, maintain, protect and enforce our intellectual property rights in our brands, designs, technologies and proprietary information and processes; ability to defend against claims of intellectual property infringement, misappropriation, dilution or other violations made by third parties against us; security breaches or other disruptions to our information technology (“IT”) systems; our reliance on a large number of complex IT systems; changes in government regulation and tax matters; our ability to remediate our material weakness in our internal control over financial reporting; our relationship with ANTA Sports Products Limited (“ANTA Sports”); our expectations regarding the time during which we will be a foreign private issuer; and other risk factors discussed under “Item 3. Key Information—D. Risk Factors” in our Annual Report on Form 20-F for the most recently ended fiscal year, which may be updated from time to time in our other documents filed or furnished with the SEC. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of an unanticipated event.

About Amer Sports, Inc.

Amer Sports is a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Atomic and Peak Performance. Our brands are known for their detailed craftsmanship, unwavering authenticity, premium market positioning and compelling market shares in their categories. As creators of exceptional apparel, footwear, equipment, protective gear and accessories, we pride ourselves on cutting-edge innovation, technical performance and ground-breaking designs that allow athletes and everyday consumers to perform better every day.

With over 15,400 employees globally, Amer Sports’ purpose is to elevate the world through sport. Our vision is to become the global leader in premium sports and outdoor brands. With corporate offices in Helsinki, Munich, Kraków, New York, and Shanghai, we have operations in 40 countries and our products are sold in over 100 countries. Amer Sports generated $6.6 billion in revenue in 2025. Amer Sports, Inc. shares are listed on the New York Stock Exchange.

Source: Amer Sports, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260302745585/en/

Investor Relations:
Omar Saad
Senior Vice President Group Investor Relations and Capital Markets
ir@amersports.com

Media:
Päivi Antola
Senior Vice President, Communications
media@amersports.com

FAQ**

How does the recent public offering of 20,604,396 ordinary shares by Amer Sports Inc. AS impact its capital structure and what are the anticipated effects on future growth strategies?

The recent public offering by Amer Sports Inc. increases its equity capital, enhancing its capital structure and providing additional funds that can be utilized to fuel future growth strategies, including investments in innovation, marketing, and expansion opportunities.

Sure, please provide the question you'd like me to answer.

2. What are the expected benefits of redeeming the 6.750% Senior Secured Notes due 20with the proceeds from the offering for Amer Sports Inc. AS?

The expected benefits of redeeming the 6.750% Senior Secured Notes due 2031 with the proceeds from the offering for Amer Sports Inc. include enhancing financial flexibility, reducing interest expenses, and improving cash flow management.

3. How does Amer Sports Inc. AS plan to address potential risks associated with market trends and competition after this capital raise?

Amer Sports Inc. AS plans to address potential risks associated with market trends and competition following the capital raise by strategically investing in innovation, enhancing brand positioning, and expanding its global distribution channels.

4. In what ways could the closing of this offering on March 4, 2026, influence Amer Sports Inc. AS’s international operations and its relationships with stakeholders?

The closing of the offering on March 4, 2026, could enhance Amer Sports Inc. AS's international operations by providing capital for expansion, while also strengthening relationships with stakeholders through increased transparency and alignment of interests.

**MWN-AI FAQ is based on asking OpenAI questions about Amer Sports Inc. (NYSE: AS).

Amer Sports Inc.

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