STAMFORD, Conn., June 26, 2018 (GLOBE NEWSWIRE) -- The Lovesac Company today announced the pricing of its initial public offering of 3,500,000 shares of its common stock, at a public offering price of $16.00 per share. The Company has granted the underwriters an option to buy up to an additional 525,000 shares of common stock. Shares of the Company's common stock are expected to begin trading on the Nasdaq Global Market on June 27, 2018 under the ticker symbol “LOVE”. The offering is expected to close on June 29, 2018, subject to satisfaction of customary closing conditions.