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HLMN - Hillman upsizes and prices secondary stock offering
Hillman Solutions Corp.
Hillman ( NASDAQ: HLMN ) upsized and priced its earlier announced underwritten public offering of shares by funds affiliated with CCMP Capital Advisors.
Selling stockholders granted the underwriters a 30-day option to purchase up to 3.75M additional shares.
Offering size is increased to 25M shares from prior 24M shares; price is set at $8/share.
Offer is expected to close on or about Mar.3, 2023.
The company will not receive any proceeds from the offering.