DMC Global prices stock offering at $45 per share
BROOMFIELD — Oilfield services provider DMC Global Inc. (Nasdaq: BOOM) announced this week its intent to issue 2.5 million shares in a public offering and has since followed up with a news release announcing that those shares will be priced at $45 each.
The company expects to raise about $112.5 million from the offering, which is set to close on Friday.
DMC Global’s stock opened trading Thursday at $53.47.
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BROOMFIELD — Oilfield services provider DMC Global Inc. (Nasdaq: BOOM) announced this week its intent to issue 2.5 million shares in a public offering and has since followed up with a news release announcing that those shares will be priced at $45 each.
The company expects to raise about $112.5 million from the offering, which is set to close on Friday.
DMC Global’s stock opened trading Thursday at $53.47.
© 2021 BizWest Media LLC
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