September 14, 2009 (FinancialWire) — MarineMax, Inc. (NYSE: HZO) has priced a public offering of 2.6 million shares of its common stock at $7 per share for total gross proceeds of $18.2 million. Raymond James & Associates is serving as the sole underwriter.

The underwriter also has the option to purchase up to an additional 390,000 shares of common stock from MarineMax at the public offering price within 30 days.

MarineMax plans to use the net proceeds for general corporate purposes, which may include debt reduction.

Clearwater, Florida-based MarineMax is a recreational boat and yacht retailer. The company operates 65 retail locations in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Maryland, Minnesota, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas and Utah.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.