- 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.
- Shares trading 9.9% down premarket.
For further details see:
Hillman upsizes and prices secondary stock offering