GrowGeneration Corp. (GRWG) Announces $125 Million Follow-On Public Offering

GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company"), today announced that it has publicly filed a registration statement on Form S-3 with the U.S. Securities and Exchange Commission relating to a proposed follow-on public offering raising $125,000,000. In connection with the offering, GrowGen expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering.

Oppenheimer & Co. and Stifel are acting as joint book-running managers for the proposed offering.

The securities described above will be offered by GrowGen pursuant to an automatic "shelf" registration statement on Form S-3 (File No. 333-251174) previously filed with the Securities and Exchange Commission (the "SEC") on December 7, 2020, which became automatically effective upon filing.

You May Also Be Interested In

• Banzai launches $1M public offering of Class A common stock
• Cango Inc. to consolidate shares 10-for-1 on NYSE starting July 21
• Mercator Acquisition Corp. raises $172.5M in Nasdaq IPO