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REVOLVE Launches Initial Public Offering
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REVOLVE Launches Initial Public Offering

CERRITOS, Calif.–(BUSINESS WIRE)–Revolve Group, LLC (to be renamed Revolve Group, Inc., “REVOLVE”)
today announced that it has commenced an initial public offering of
11,764,706 shares of its Class A common stock (“Class A Common Stock”)
comprised of 2,941,176 shares of Class A Common Stock offered by REVOLVE
and 8,823,530 shares of Class A Common Stock offered by certain
stockholders. The underwriters also have an option for 30 days to
purchase up to an additional 1,764,705 shares of Class A Common Stock at
the initial public offering price from REVOLVE and the selling
stockholders. The initial public offering price is currently estimated
to be between $16 and $18 per share. REVOLVE’s Class A Common Stock has
been approved for listing on the NYSE under the ticker symbol “RVLV.”

Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC will act
as lead joint bookrunning managers for the offering. BofA Merrill Lynch
will also act as joint bookrunning manager for the offering. Barclays
Capital Inc. and Jefferies LLC will act as bookrunning managers for this
offering, and Cowen and Company, LLC, Guggenheim Securities, LLC,
Raymond James & Associates, Inc. and William Blair & Company, L.L.C.
will act as co-managers for this offering.

The offering will be made only by means of a prospectus. Copies of the
preliminary prospectus relating to this offering, when available, may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by
telephone at 1-866-718-1649; or Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, Eleven Madison Avenue, 3rd
floor, New York, NY 10010, by telephone at 1-800-221-1037, or by email

A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any
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


Investor Relations:
Investor Relations

Kendall Sargeant

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