other material
confidence high
sentiment neutral
materiality 0.55
Northwest Pipe enters ATM equity offering of up to $50M via Jefferies
NWPX Infrastructure, Inc.
- Entered Open Market Sale Agreement with Jefferies LLC to sell up to $50M of common stock.
- Sales will be made at-the-market; Jefferies receives 3% commission on gross proceeds.
- Company has no obligation to sell any shares; offering may be suspended or terminated anytime.
- Shares offered under existing Form S-3 shelf registration statement effective Nov 2020.
- Offering terminates when all shares sold or agreement terminated per its terms.