other material
confidence high
sentiment neutral
materiality 0.65
Selling stockholders to sell 15M shares of Core & Main at $35.54 per share
Core & Main, Inc.
- CD&R entities (Selling Stockholders) agreed to sell 15M shares of Class A common stock via underwritten offering.
- Underwriters have fully exercised option to purchase an additional 2.25M shares, totaling up to 17.25M shares.
- Offering price set at $35.54 per share; underwriters Citigroup and J.P. Morgan Securities LLC.
- Company is not selling shares; all proceeds go to Selling Stockholders.