Mayville Engineering prices upsized $86.9M common stock offering; underwriters exercise option

Mayville Engineering Company, Inc.

Priced 4,348,000 shares at $20.00/share; gross proceeds $86.9M before expenses.
Underwriters fully exercised 30-day option for 652K additional shares; total net proceeds ~$93.9M.
Net proceeds to reduce revolver borrowings (incl. Accu-fab acquisition debt), capex, and working capital.
Offering expected to close May 21, 2026; lead managers William Blair and Craig-Hallum.

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

Mayville Engineering Company, Inc. entered into Underwriting Agreement with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC, as representatives of the several underwriters valued at $20.00 per share (effective 2026-05-19).

Action: entry
Agreement: underwriting
Counterparty: William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC, as representatives of the several underwriters
Value: $20.00 per share
Effective: 2026-05-19

Exact text from the filing

On May 19, 2026, Mayville Engineering Company, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC, as representatives of the several underwriters thereto (the “Underwriters”), relating to the previously announced underwritten offering of 4,348,000 shares (the “Shares”) of the Company’s common stock, no par value per share (the “Common Stock” and such offering, the “Offering”).

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38 material agreements filed in the last 30 days. Browse all material agreements →

Mayville Engineering Company, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-064802

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