OYO Geospace (OYOG) Commences 1.12M Common Offering for Shareholder
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OYO Geospace (Nasdaq: OYOG) is commencing a public offering, subject to market conditions, of 1,122,565 shares of its common stock owned by OYO Corporation U.S.A., the selling stockholder, pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission. The underwriters are expected to be granted a 30-day option to purchase up to 168,385 additional shares of common stock from the selling stockholder. OYO Geospace will not receive any proceeds from the sale of the shares of common stock offered by the selling stockholder.
Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC will act as joint book-running managers for the offering.
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Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC will act as joint book-running managers for the offering.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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