Peak Resorts Inc. was supposed to be the next ski resort set for an initial public offering. This was not one of our 2012 Top 17 IPOs to Watch but it might have been a runner-up had there been a larger impact. The company has now withdrawn its IPO paperwork with the SEC. It did not blame weather nor the economy, even though both may be at work in some parts of its business…
The company noted, “Because the Company does not expect its Registration Statement on Form S-1 (File No. 333-173567) to become effective within 60 days of the date the original Form 8-A was filed, the Company respectfully requests that the Securities and Exchange Commission withdraw the Form 8-A.”
The ski resort operator filed for its IPO back in November. It operates 12 skiing outfits located throughout the Midwest, Northeast and Southeast United States. The IPO funds were earmarked to repay debt tied to the Mount Snow ski operation in Vermont and for working capital. Here is a list of the resorts it operates:
- Attitash, Barlett, NH: Skiing, Snowboarding, Spa, Alpine Slide, Waterslides, Horseback Riding, Mountain Biking; 3 Quad Chair, 3 Triple Chairs, 3 Double Chairs, 3 Carpet Lift, 70 Trails, 2 Terrain Parks, Onsite Ski and Snowboard Rentals, 97% Snowmaking
- Boston Mills, Peninsula, OH: Skiing, Snowboarding; 4 Triple Chairs, 2 Double Chairs, 1 Surface Lifts, 10 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Brandywine, Sagamore Hills, OH: Skiing, Snowboarding, Snow Tubing; 4 Quad Chairlifts, 1 Triple Chairs, 4 Surface Lifts, 10 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Crotched Mountain, Bennington, NH: Skiing, Snowboarding; 2 Quad Chairlifts, 1 Triple Chairs, 1 Double Chair, 2 Surface Lifts, 1 Wonder Carpet, 17 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Hidden Valley, Wildwood, MO: Skiing, Snowboarding and Private Golf Club; 1 Quad Chairlift, 2 Triple Chairs, 3 Surface Lifts, 13 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Big Boulder, Lake Harmony, PA: Skiing, Snowboarding, Snow Tubing; 2 Triple Chairs, 5 Double Chairs, 1 Carpet Lift, 16 Trails, 3 Terrain Parks, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Jack Frost, Blakeslee, PA: Skiing, Snowboarding, Snow Tubing; 1 Quad Chair, 2 Triple Chairs, 6 Double Chairs, 1 Carpet Lift, 24 Trails, 2 Terrain Parks, Onsite Ski and Snowboard Rentals, 100% Snowmaking
- Mad River Mountain, Bellefontaine, OH: Skiing, Snowboarding, Snow Tubing; 1 Quad Chairlift, 1 Triple Chair, 3 Double Chairs, 4 Surface Lifts, 20 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Mount Snow, West Dover, VT: Skiing, Snowboarding, Golf, Mountain Biking, Hiking, Spa, On-Mountain Dining; 4 Quad Chair, 3 Triple Chairs, 4 Double Chairs, 3 Surface Lift, 1 Tow Rope, 106 Trails, 4 Terrain Parks, Onsite Ski and Snowboard Rentals, 80% Snowmaking
- Paoli Peaks, Paoli, IN: Skiing, Snowboarding, Snow Tubing; 5 Chairlifts, 2 Surface Lifts, 1 Wonder Carpet, 17 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Snow Creek, Weston, MO: Skiing, Snowboarding, Snow Tubing; 2 Triple Chairlifts, 1 Double Chairlift, 3 Surface Lifts, 17 Trails, Onsite Ski and Snowboard Rentals, 100% Snowmaking, Night Skiing
- Wildcat, Pinkham Notch, NH: Skiing, Snowboarding, Zip-line, Scenic Gondola rides, Hiking, Fishing; 1 Quad Chairlift, 3 Triple Chairlifts, 50 Trails on 225 acres, Onsite Ski and Snowboard Rentals, 90% Snowmaking
To think that there are ski resorts in Missouri and Indiana… Who would have known?
JON C. OGG
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