Merrill Lynch and JP Morgan were the lead underwriters on the deal, and Lazard Capital Markets served as co-manager.

In addition, Golfsmith has granted the underwriters a 30-day option to purchase up to 900,000 additional shares to cover over-allotments.

Golfsmith International is a specialty retailer of golf and tennis equipment, apparel and accessories. With 55 stores and robust Internet sales, the company is among the largest players in the retail golf industry. The company plans to open about 23 more stores by the end of next year.

The company’s shares closed at $10.98 on Friday, down 4.5% from the initial offering price.

IPO CALENDAR – week of June 12th

Circuit designer Techwell (TWLL: chart) plans to offer 5.5 million shares within a price range of $11-13 per share, in a bid to raise $82.2 million. Lehman Brothers will be the lead underwriter on the deal.

Chemical company Hexion Specialty Chemicals (HXN: chart) plans to offer 19 million shares within a price range of $25-$28 price range, in a bid to raise $611.8 million. The company originally planned to offer 18.5 million shares within a range of $26 - $28 per share. Credit Suisse and Goldman Sachs will be the lead managers on the deal.

Bank holding company Home Bancshares (HOMB: chart) plans to offer 2.5 million shares within a price range of $16 - $18 per share, in a bid to raise $51.8 million. Stephens, Piper Jaffray and Sandler O'Neill will manage the deal.

Blank check company Energy Infrastructure Acquisition intends to offer 22.5 million shares at $10 per share, in a bid to raise $258.8 million. Maxim Group LLC will underwrite the deal.