Mayville Engineering Company Inc. (MEC) IPO Opens Flat
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Mayville Engineering Company, Inc. Announces Pricing of Initial Public Offering
May 8, 2019 9:14 PM EDTMAYVILLE, Wis.--(BUSINESS WIRE)-- Mayville Engineering Company, Inc. (MEC) today announced the pricing of its initial public offering of 6,250,000 shares of common stock at a price to the public of $17.00 per share. In addition, MEC has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on theNew York Stock Exchange on May 9, 2019under the symbol MEC and the offering is expected to close on May 13, 2019, subject to customary closing conditions.
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