Array Technologies Inc. (ARRY) Prices 31.05M Share Secondary Offering at $28/Sh
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Array Technologies, Inc. Announces Pricing of Secondary Offering of 31,054,971 Shares
March 18, 2021 8:56 PM EDTALBUQUERQUE, N.M., March 18, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the Company) today announced the pricing of a secondary offering by a stockholder of the Company controlled by Oaktree Capital (the Selling Stockholder) of 31,054,971 shares of common stock of the Company at a price to the public of $28.00 per share. In addition, the Selling Stockholder granted the underwriters a 30-day option to purchase up to an additional 4,420,486 shares at the public offering price, less underwriting discounts and commissions. The Company will not receive any proceeds from the sale of shares by the Selling... More
