Davis Polk advised the underwriter in connection with the secondary offering of 6,864,545 shares of common stock of Crocs, Inc. by selling stockholders affiliated with The Blackstone Group Inc. Crocs’ common stock is traded on the Nasdaq Global Select Market under the symbol “CROX.”
Crocs, Inc. is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The vast majority of shoes within Crocs’ collection contains Croslite material, a proprietary, molded footwear technology, delivering extraordinary comfort with each step.
The Davis Polk corporate team included partner Michael Kaplan and associate Jennifer Ying Lan. Partner Pritesh P. Shah and associate S. Dream Montgomery provided intellectual property and technology advice. The tax team included counsel Alon Gurfinkel and associate Summer Xia. Members of the Davis Polk team are based in the New York and London offices.