other material
confidence high
sentiment neutral
materiality 0.55
Park-Ohio completes ~$10M stock issuance, sells 341,997 shares at $29.24 each
PARK OHIO HOLDINGS CORP
- Issued 341,997 shares of common stock at $29.24 per share, raising approximately $10 million.
- Offering made under effective S-3 shelf registration (File No. 333-279399) and prospectus supplement dated August 21, 2024.
- Stock Purchase Agreement dated August 21, 2024; closing completed on August 23, 2024.
- Use of proceeds not disclosed in the filing.