other material
confidence high
sentiment neutral
materiality 0.70
Cadre Holdings launches 3.5M share public offering; proceeds to reduce debt
Cadre Holdings, Inc.
- Company offers 1,750,000 shares; selling stockholders offer 1,750,000 shares.
- Underwriters have 30-day option to purchase up to 525,000 additional shares.
- Net proceeds from company shares to reduce outstanding indebtedness and for general corporate purposes.
- BofA Securities and Jefferies LLC lead as book-running managers.