Piper Jaffray Upgrades FMSA Holdings (FMSA) to Overweight

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Fairmount Santrol Prices Public Offering of Common Stock

July 20, 2016 9:02 PM EDT

CHESTERLAND, Ohio, July 20, 2016 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE: FMSA), a leading provider of high-performance sand and sand-based products, today announced the pricing of its underwritten public offering of 25,000,000 shares of Fairmount Santrol common stock for total gross proceeds of approximately $148.75 million before deducting underwriting commissions and estimated offering expenses.   The underwriters will be granted a 30-day option to purchase up to an additional 3,750,000 shares of common stock.  The underwriters may offer the shares from time to time in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through... More