Universal Stainless Announces Common Stock Offering

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Universal Stainless & Alloy (USAP) Prices 1.22M Share Common Stock Offering at $24.50/Share

May 25, 2018 8:47 AM EDT

Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has priced an underwritten offering of 1,224,490 shares of common stock at a public offering price of $24.50 per share. The offering will result in gross proceeds of approximately $30.0 million to Universal Stainless. The Company... More