Wonder Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Wonder Group, Inc. announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The company stated that this announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. No securities may be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.