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.

© 2021 BizWest Media LLC

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