OFS Credit Company, Inc. (OCCI) Prices 2.5M Share IPO at $20/Sh

OFS Credit Company, Inc. (NASDAQ: OCCI) today announced the pricing of its initial public offering of 2,500,000 shares of common stock at a public offering price of $20.00 per share, for gross proceeds to the Company of $50 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of common stock to cover overallotments, if any.

Shares of the Company’s common stock are expected to trade on the NASDAQ Capital Market (“Nasdaq”) under the symbol “OCCI” and the offering is expected to close on October 10, 2018, subject to customary closing conditions.

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (LTS), B. Riley FBR and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (NHLD), are the joint book-running managers for the offering. Maxim Group LLC and Newbridge Securities Corporation are acting as co-managers.

You May Also Be Interested In

• Rubrik, Inc. (RBRK) IPO Opens at $38.60, Priced at $32
• Rubrik (RBRK) Prices 23M Share IPO at $32/sh, Above Indicated $28-$31/sh Range - Reuters
• Massimo Group (MAMO) Expands Partnership with Global Omnichannel Retailer for Youth Series Vehicles