Bowman Consulting Group (BWMN) Launches $50M Share Offering

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Go back to Bowman Consulting Group (BWMN) Launches $50M Share Offering

Bowman Announces Launch of Public Offering of Common Stock

March 26, 2024 4:03 PM EDT

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the commencement of an underwritten public offering of up to $50.0 million of shares of its common stock. The Company proposes to sell up to $45.0 million of shares of its common stock in the proposed offering, and the selling stockholders, Gary Bowman, the Companys President, Chief Executive Officer and Chair of the board of directors (the Board) and Michael Bruen, the Companys Executive... More