AppHarvest (APPH) Prices 40M Share Offering at $1/sh

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Go back to AppHarvest (APPH) Prices 40M Share Offering at $1/sh

AppHarvest announces pricing of $40 million underwritten public offering of common stock

February 9, 2023 11:12 PM EST

MOREHEAD, Ky., Feb. 09, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the worlds largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced the pricing of its previously announced underwritten public offering of 40,000,000 shares of its common stock at a price to the public of $1.00 per share. Additionally, AppHarvest has granted to the underwriters a 30-day option to purchase up to 6,000,000 additional shares of common stock at the public offering price, less... More