2023-06-08 04:05:52 ET
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Blue Bird ( NASDAQ: BLBD ) said on Wednesday that it has priced an underwritten secondary public offering by certain stockholders of Blue Bird of 4.5M shares of Blue Bird’s common stock at a price to the public of $20.00/share.
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Offering is expected to close on June 12, 2023.
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The Selling Stockholders will receive all of the proceeds from the offering.
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Blue Bird is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.
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The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 675K shares of common stock at the public offering price.
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Shares of BLBD are up 0.91% after-hours on Wednesday.
For further details see:
Blue Bird prices 4.5M secondary stock offering at $20.00