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MasterCraft (MCFT) Announces 4M Share Secondary Stock Offering

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MCBC Holdings, Inc. Commences Proposed Follow-on Offering of Common Stock

September 12, 2016 4:01 PM EDT

VONORE, Tenn., Sept. 12, 2016 (GLOBE NEWSWIRE) -- MCBC Holdings, Inc. (NASDAQ: MCFT) (the Company) today announced that it has commenced a follow-on offering (the Offering) of the Companys common stock held by an affiliate of Wayzata Investment Partners. In the offering, which is subject to market and other conditions, the selling stockholder intends to sell 4,000,000 shares of the Companys common stock. In addition, the selling stockholder intends to grant the underwriters a 30-day option to purchase up to 600,000 additional shares of the Companys common stock.  The Company will not receive any... More