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The Duckhorn Portfolio, Inc. (“Duckhorn”) today appear that it has commenced the roadshow for its proposed antecedent accessible offering. Duckhorn has filed a allotment account on Form S-1 with the Balance and Exchange Commission (the “SEC”) to action 20,000,000 shares of its accustomed banal to the public, with 13,333,333 shares actuality offered by Duckhorn and 6,666,667 shares actuality offered by its absolute stockholder. Duckhorn additionally intends to admission the underwriters a 30-day advantage to acquirement up to an added 3,000,000 shares of accustomed banal from Duckhorn’s absolute stockholder. Duckhorn will not accept any gain from any auction of shares by the absolute stockholder. The amount ambit for the antecedent accessible alms is currently estimated to be amid $14.00 and $16.00 per share. Duckhorn has activated to account its accustomed banal on the New York Banal Exchange beneath the ticker attribute “NAPA.”

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J.P. Morgan, Credit Suisse and Jefferies are acting as collective advance book-running managers and as assembly for the proposed offering. Barclays, BofA Securities, Citigroup, Evercore ISI and RBC Capital Markets are additionally acting as book-running managers for the proposed offering. Academy Securities, Ramirez & Co., Inc. and Siebert Williams Shank are additionally acting as co-managers for the proposed offering. The proposed alms will be fabricated alone by agency of a prospectus.

Copies of the basic prospectus, may be acquired from: J.P. Morgan Balance LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by blast at 866-803-9204 or by email at [email protected]; Credit Suisse Balance (USA) LLC, Attention: Announcement Department, 6933 Louis Stephens Drive, Morrisville, NC 27560 or by blast at 800-221-1037 or by email at [email protected]; or Jefferies LLC, Attention: Equity Syndicate Announcement Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022 or by blast at (877) 821-7388 or by email at [email protected]

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Story continues

A allotment account on Form S-1 apropos to the proposed alms has been filed with the SEC but has not yet become effective. These balance may not be sold, nor may offers to buy be accepted, above-mentioned to the time the allotment account becomes effective.

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This columnist absolution does not aggregate an action to advertise or the address of an action to buy these securities, nor shall there be any auction of these balance in any accompaniment or administration in which such offer, address or auction would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any such accompaniment or jurisdiction. The alms is accountable to bazaar conditions, and there can be no affirmation as to whether or back the alms may be completed, or as to the absolute admeasurement or agreement of the offering.

About The Duckhorn Portfolio, Inc.

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The Duckhorn Portfolio is the arch ambassador of affluence wines in North America. The acclaimed Duckhorn Portfolio includes Duckhorn Vineyards, Decoy, Paraduxx, Goldeneye, Migration, Canvasback, Calera and Kosta Browne, anniversary with its own committed winemaker.

View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20210310005467/en/

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Contacts

Media:Jessica Liddell, [email protected]

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