---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-064325"
form_type: "8-K"
ticker: "BWMN"
cik: "0001847590"
company_name: "Bowman Consulting Group Ltd."
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T02:08:32.038417+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bowman Consulting closes over-allotment option, raising additional $2.5M in follow-on offering

## Summary
- Underwriters exercised overallotment for 157,500 shares at $16.00/share; closed March 2, 2022.
- Gross proceeds to Bowman approx $2.5 million; net proceeds approx $2.4 million after discounts.
- Total shares sold in follow-on offering increased to 1,057,500; total gross proceeds ~$16.9 million.
- Bowman intends to use net proceeds for general corporate purposes, organic growth, and potential acquisitions.
- Joint book-running managers: D.A. Davidson & Co. and B. Riley Securities.

## SEC filing metadata
- accession: 0001193125-22-064325
- form_type: 8-K
- ticker: BWMN
- cik: 0001847590
- company_name: Bowman Consulting Group Ltd.
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847590/000119312522064325/0001193125-22-064325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847590/000119312522064325/d314107d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-064325
- JSON: https://secwatch.observer/filing/0001193125-22-064325.json
- Plain text: https://secwatch.observer/filing/0001193125-22-064325.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.