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REV Group logoREV Group Inc. announced the pricing of its initial public offering of 12.5 million shares of its common stock at the initial public offering price of $22 per share, the company reported in a statement. (To view a video of REV executives ringing the bell at the NYSE click here).

In addition, certain selling stockholders have granted the underwriters for the offering an option to purchase up to 1,875,000 additional shares of REV Group’s common stock at the initial public offering price less the underwriting discount.

The 0ffering is expected to close on or about Feb. 1, subject to customary closing conditions. REV Group’s shares of common stock have been approved for listing on the New York Stock Exchange and are expected to begin trading under the ticker symbol “REVG” today (Jan. 27).

Goldman, Sachs & Co., Morgan Stanley and Baird are acting as joint lead book-running managers and representatives of the underwriters for the offering. BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities, Jefferies LLC, Wells Fargo Securities LLC and Stifel are also acting as joint book-running managers for the offering.