After nine months of silence, Southeastern Grocers Inc. filed a withdrawal statement Oct. 29 for its proposed initial public offering with the Securities and Exchange Commission.
The Jacksonville-based parent company of Winn-Dixie and three other supermarket chains had planned to go public in January. However, it pulled the IPO off the market just when the deal was supposed to be completed and had not filed any new IPO documents since Jan. 26.
“The Company is applying for withdrawal of the Registration Statement because the Company has determined not to pursue the contemplated offering at this time,” Southeastern Grocers said in its Oct. 29 filing.
The withdrawal statement doesn’t mean Southeastern Grocers can’t try an IPO again in the future.
Jacksonville-based Cadre Holdings Inc. pulled its IPO off the market in August and filed a withdrawal statement with the SEC.
However, Cadre filed an updated registration statement Oct. 28 with new pricing terms, and the IPO is expected to reach the market late in the week of Nov. 1.
Cadre, which does business mainly under the name Safariland, makes safety and survivability products for the law enforcement, first responder and military markets.
The company’s new filing calls for Cadre to sell 5.77 million shares of stock at $12 to $14 each.
That’s lower than its previous plan to sell 7.1 million shares at $16 to $19 each.
Southeastern Grocers also operates the Harveys and Fresco y Mas banners.