On August 1, 2011, the Company completed an initial public offering in which 22,250,000 shares of common stock were sold at an initial public offering price of $19.00 per share. Immediately prior to the offering, each share of the Company's Class L common stock converted into 2.4338 shares of common stock.
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Historical Examples. 1  It seemed such a small brown spot, in such haste, dipping between the candles on the armoire. 2  He turned on his side and watched the sunbeam as it crept up the face of the armoire. 3  I want you to see an armoire that he has carved, it is up in our exhibition room.