---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-141449"
form_type: "8-K"
ticker: "VSEC"
cik: "0000102752"
company_name: "VSE CORP"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T14:13:27.347627+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VSE Corp prices public offering of 2.11M shares at $71/share; net proceeds ~$162.1M

## Summary
- Underwriting agreement for 2,112,676 firm shares plus full exercise of 316,901 optional shares at $71/share.
- Net proceeds estimated at $162.1M after underwriting discounts and commissions.
- Proceeds to repay revolving borrowings (including for Turbine Controls acquisition) and for general corporate purposes.
- Lock-up agreements from executives, directors, and affiliated funds for 90 days.
- Offering expected to close May 17, 2024.

## SEC filing metadata
- accession: 0001193125-24-141449
- form_type: 8-K
- ticker: VSEC
- cik: 0000102752
- company_name: VSE CORP
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102752/000119312524141449/0001193125-24-141449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102752/000119312524141449/d794021d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-141449
- JSON: https://secwatch.observer/filing/0001193125-24-141449.json
- Plain text: https://secwatch.observer/filing/0001193125-24-141449.txt

## Key facts
- Material Agreements
  VSE CORP entered into Underwriting Agreement with Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein valued at approximately $162.1 million (effective 2024-05-14).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein
  - Value: approximately $162.1 million
  - Effective: 2024-05-14
  source text: On May 14, 2024, VSE Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Jefferies LLC, RBC Capital Markets, LLC and William Blair & Company, L.L.C., acting as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell (the “Offering”) 2,112,676 shares (the “Firm Shares”) of the Company’s common stock, par value $0.05 per share (the “Common Stock”), at a price to the public of $71.00 per share. The Company has also granted the Underwriters a 30-day option to purchase up to an additional 316,901 shares of Common Stock (the “Optional Shares” and, together with the Firm Shares, the “Shares”). On May 15, 2024, the Underwriters informed the Company of their exercise in full of the option to purchase the Optional Shares. The Offering is expected to close on May 17, 2024, subject to satisfaction of customary closing conditions. The Company estimates that the net proce
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000119312524141449/0001193125-24-141449-index.htm

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