Construction Partners, Inc. (ROAD) Prices 11.25M Share IPO at $12/Sh
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May 3, 2018 11:48 PM EDT
DOTHAN, Ala., May 3, 2018 /PRNewswire/ -- Construction Partners, Inc. (Construction Partners), specializing in the construction and maintenance of roadways across five southeastern states, today announced the pricing of its initial public offering of 11,250,000 shares of its Class A common stock at $12.00 per share. Construction Partners is selling 9,000,000 shares, and certain selling stockholders are selling 2,250,000 shares.  The shares are expected to begin trading on The Nasdaq Global Select Market on May 4, 2018 under the ticker symbol "ROAD," and the offering is scheduled to close on May 8, 2018, subject to customary closing conditions.
Construction Partners will receive net proceeds of approximately $100 million... More
