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REV Group, Inc. (REVG) Prices 5.5M Share Secondary Offering at $15.50/Sh

June 11, 2021 6:03 AM EDT

REV Group, Inc. (NYSE: REVG) announced today the pricing of the previously announced underwritten offering of 5,500,000 shares of common stock by certain selling stockholders at the public offering price of $15.50 per share. In addition, the selling stockholders have granted the underwriters an option to purchase up to 825,000 additional shares of common stock from the selling stockholders. REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders. The offering is expected to close on or about June 15, 2021, subject to customary closing conditions.

Goldman Sachs & Co. LLC, Morgan Stanley, Baird and J.P. Morgan are acting as joint lead book-running managers for the offering. BMO Capital Markets and Jefferies are acting as joint book-running managers for the offering.



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