other material
confidence high
sentiment neutral
materiality 0.60
ESAB closes secondary offering of 6M shares at $40; no proceeds to company
ESAB Corp
- Goldman Sachs sold 6,003,431 ESAB shares previously owned by Enovis at $40.00 per share.
- Enovis exchanged the shares for its own debt held by Goldman Sachs before the offering.
- ESAB received no proceeds from the offering or the debt-for-equity exchange.
- Underwriters included Goldman Sachs & Co. LLC and Evercore Group L.L.C.