Universal Technical Institute (UTI) Announces Proposed 5.65M Share Common Offering

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Go back to Universal Technical Institute (UTI) Announces Proposed 5.65M Share Common Offering

Universal Technical Institute (UTI) Prices 6.78M Share Upsized Common Offering at $7.75/Sh

February 21, 2020 9:02 AM EST

Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of transportation technician training, announced today the pricing of an underwritten public offering of 6,782,610 shares of its common stock at a public offering price of $7.75 per share, before underwriting discounts and commissions. The size of the offering was increased from the previously announced 5,650,000 shares of common stock.... More