B&G Foods establishes ATM equity offering up to 10M shares for general corporate purposes

B&G Foods, Inc.

Entered ATM sales agreement for up to 10,000,000 shares of common stock.
Sales agents include BofA, Barclays, Deutsche Bank, RBC, BMO, Goldman Sachs, Capital One, JMP, Rabo, TD Securities; compensation up to 2% of gross proceeds.
Net proceeds intended for general corporate purposes including debt repayment, refinancing, redemption, repurchase, or possible acquisitions.
Shares to be sold under existing shelf registration statement; timing and amount at company's discretion.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

B&G Foods, Inc. entered into ATM Equity Offering Sales Agreement with BofA Securities, Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC, BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Capital One Securities, Inc., JMP Securities LLC, Rabo Securities USA, Inc. and TD Securities (USA) LLC valued at up to 10,000,000 shares of common stock (effective 2023-05-09).

Action: entry
Agreement: atm program
Counterparty: BofA Securities, Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC, BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Capital One Securities, Inc., JMP Securities LLC, Rabo Securities USA, Inc. and TD Securities (USA) LLC
Value: up to 10,000,000 shares of common stock
Effective: 2023-05-09

Exact text from the filing

as entered into an ATM equity offering sales agreement, dated as of May 9, 2023, with BofA Securities, Inc., Barclays Capital

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B&G Foods, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-057742

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