News Category Global Banking & Finance Reviews
Alta Equipment Group Inc. Files S-1/A Registration Statement for Proposed Offering of Series A Perpetual Preferred Stock
Alta Equipment Group Inc. Files S-1/A Registration Statement for Proposed Offering of Series A Perpetual Preferred Stock Alta Equipment Group Inc. (NYSE: ALTG) (Alta or the Company), a leading provider of premium industrial and construction equipment and related services, today announced it has filed a registration statement on Form S-1/A with the U.S. Securities and Exchange Commission relating to the proposed public offering of depositary shares, each representing 1/1000th fractional interest in a share of the Company’s Series A Cumulative Perpetual Preferred Stock, with a liquidation preference equivalent to $25.00 per depositary share, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the of
Posted on 370
Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “company”), a leading provider of premium industrial and construction equipment and related services, today announced the pricing of its underwritten registered public offering of 1,190,000 depository shares at an initial public offering price of $25 per share, raising gross proceeds of $29,750,000 before deducting underwriting discounts, the structuring fee and other estimated offering expenses. Each depositary share represents a 1/1000th fractional interest in a share of the Company’s 10.00% Series A Cumulative Perpetual Preferred Stock.
In connection with the offering, the company has granted the underwriters a 30-day option to purchase up to an additional 10,000 depositary shares. The offering is expected to close on or about December 22, 2020, subject to customary closing conditions.
Posted on 269
Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium industrial and construction equipment and related services, today announced it has filed a registration statement on Form S-1/A with the U.S. Securities and Exchange Commission relating to the proposed public offering of depositary shares, each representing 1/1000th fractional interest in a share of the Company’s Series A Cumulative Perpetual Preferred Stock, with a liquidation preference equivalent to $25.00 per depositary share, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the offering solely to cover overallotments. The depositary shares are anticipated to trade on the New York Stock Exchange under the symbol ALTG PR A.
City Holding Company Increases Quarterly Dividend On Common Shares businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.