LSB Industries (LXU) Prices 13.5M Share Offering at $13/sh
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LSB Industries Announces Pricing of Secondary Offering of 13,500,000 Shares of Common Stock by Selling Stockholders with the Company Repurchasing 5,500,000 of the Shares
August 10, 2022 8:55 PM EDTOKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced the pricing of the previously announced underwritten public offering (the Offering) by affiliates of Eldridge Industries LLC (the Selling Stockholders) of an aggregate of 13,500,000 shares of the Companys common stock at a price to the public of $13.00 per share, pursuant to the Companys automatic shelf registration statement filed with the Securities and Exchange Commission (the SEC). The Offering is expected to close on August 15, 2022, subject to customary closing conditions. The Selling Stockholders have granted the underwriters a 30-day option to... More
