Ecovyst announces secondary offering of 17.5M shares; to repurchase 8M shares for $63M

Ecovyst Inc.

Selling stockholders offering 17.5M shares (plus 2.625M option) of ECVT common stock at $7.87875/share.
Company to repurchase 8M shares from underwriters for aggregate $63.03M, funded with cash on hand and operations.
Offering expected to close on or about November 17, 2022, subject to customary conditions.
All shares sold by selling stockholders; company will not receive any proceeds from the offering.

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