Ecovyst Inc. (ECVT) Announces 12.5M Share Secondary Offering by Selling Stockholders
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Ecovyst Announces Secondary Offering of 12,500,000 Shares of Common Stock by Selling Stockholders
November 16, 2021 4:18 PM ESTMALVERN, Pa.--(BUSINESS WIRE)-- Ecovyst Inc. (NYSE: ECVT) (the Company) today announced that certain of its stockholders (the Selling Stockholders) intend to offer for sale 12,500,000 shares of its common stock pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares at the public offering price less underwriting discounts and commissions.
The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the... More
