other material
confidence high
sentiment neutral
materiality 0.50
Matthews International enters ATM equity distribution agreement for up to 1.25M shares
MATTHEWS INTERNATIONAL CORP
- Company may sell up to 1,250,000 shares of Class A Common Stock through Truist Securities as sales agent.
- Sales will be at-the-market on Nasdaq; commission up to 2.50% of gross sales price.
- Shares issued under automatic S-3 registration statement filed March 11, 2025.
- Company is not obligated to sell any shares; agreement terminable at any time.
- Proceeds expected for general corporate purposes.