CPI Aerostructures (CVU) Announces Offering of Common Shares

Article Stock Quotes (1) Comments (0)

CPI Aerostructures, Inc. (NYSE: CVU) announced that CPI Aero and selling stockholders intend to offer shares of common stock in an underwritten public offering. CPI Aero also expects to grant to the underwriters a 30-day option to purchase additional shares of common stock to cover overallotments, if any. CPI Aero intends to use the net proceeds from this offering to fund working capital, other general corporate purposes and to pay down a portion of its revolving credit facility.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Apricus Bio (APRI) Prices 6M Common Stock Offering
• Baltic Trading (BALT) Announces Stock Offering
• Pike Electric (PIKE) Closes Secondary Offering, Completes Stock Repurchase

Create E-mail Alert Related Categories

Equity Offerings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?