other material
confidence high
sentiment neutral
materiality 0.35
Transcat underwriters exercise option to purchase 110,526 additional shares at $95
TRANSCAT INC
- Underwriters exercised in full the option to buy 110,526 shares of common stock at $95 per share.
- Exercise expected to close on or about September 29, 2023.
- Combined with initial offering of 736,845 shares, total shares sold will be 847,371.
- Proceeds from the overallotment will be added to the previously disclosed offering proceeds.