HC2 Holdings (HCHC) Announces Rights Offering for Common Stock
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HC2 Holdings Announces Rights Offering for Common Stock
September 9, 2020 5:15 PM EDTNEW YORK, Sept. 09, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE: HCHC), a diversified holding company, announced today that its Board of Directors (the Board) has approved a plan to proceed with steps to launch a $65 million rights offering for its common stock. The Company has filed a registration statement on Form S-3 with the Securities and Exchange Commission (SEC). Subject to final approval of the rights offering by the Board, the Company expects to launch the rights offering after the Registration Statement is declared effective by the SEC.
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