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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Meaning: A large wardrobe or cabinet; originally used for storing weapons. Classified under: Nouns denoting man-made objects. Hypernyms (armoire is a kind of...): closet; press; wardrobe (a tall piece of furniture that provides storage space for clothes; has a door and rails or hooks for hanging clothes) Learn English with...