Cadence Bancorporation (NYSE: CADE) has announced the commencement of a registered public secondary offering
of 14.5% of its outstanding common stock, or 12,099,757, the company said.
Potential purchasers of common stock in the Secondary Offering
should consider carefully the information contained in the preliminary prospectus supplement and the accompanying prospectus and other documents that the Company has filed with the SEC for more complete information about the Company, the Selling Shareholder and the Secondary Offering
(NYSE: OOMA) stockholders affiliated with Worldview Technology Partners intend to offer shares of the company's common stock for sale in an underwritten secondary offering
, the company said.
This past May, the KKR affiliates sold 15 million WBA shares in an underwritten secondary offering
, followed by the sale of another 15 million shares in an underwritten secondary offering
Since the IPO, Simpson Thacher has represented the underwriters on secondary offerings
by Carlyle for CommScope aggregating more than $3.9 billion.
Non-magnetic IV infusion pump company IRadimed (NasdaqCM:IRMD) revealed on Friday that it has priced its secondary offering
of 1,043,479 shares of its common stock at USD24.25 per share.
Put simply, under the New Law, in a secondary offering
, selling founders may not sell shares to the public in excess of 30% of the issued capital of the company.
The secondary offering
increased New Media's "float" -- the number of shares outstanding -- to about 37 million, giving the company the third-highest market value among publicly traded newspaper businesses.
DST Systems' obligation to consummate its previously announced repurchase of common stock from the Argyros Group at a price of USD82.32 per share is conditioned on the completion of this secondary offering
William Ackman, the largest shareholder in JC Penney said last Monday heA was selling at the same per-share price his 18% interest in the retailer, held via Pershing Square Capital Management, in a secondary offering
that was supposed to complete last Friday.
Spirit Airlines, a US-based low cost airline, has announced the pricing of a secondary offering
to the public.
The Mosaic Company (NYSE: MOS), a producer of concentrated phosphate and potash crop nutrients, is planning to effect a registered secondary offering
of its common stock by the Margaret A.