DTC - Solo Brands down 10% prices 11.3M share secondary offering
2023-05-12 10:18:01 ET
- Solo Brands ( NYSE: DTC ) prices an underwritten public offering of ~11.3M shares at a price to the public of $5.25 per share.
- Underwriters will also have a 30-day option to purchase up to an additional ~1.7M shares.
- The secondary Offering is expected to close on May 16, 2023.
- The stock price trading 10% lower on Friday morning.
For further details see:
Solo Brands down 10%, prices 11.3M share secondary offering