U.S. Xpress Enterprises, Inc. (USX) Prices 18.06M Share IPO at $16/Sh
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U.S. Xpress Enterprises, Inc. Announces Pricing of Initial Public Offering
June 13, 2018 6:46 PM EDTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (U.S. Xpress or the Company) announced today the pricing of its initial public offering of 18,056,000 shares of Class A common stock, at a price to the public of $16.00 per share. U.S. Xpress is issuing and selling 16,668,000 shares and the selling stockholders named in the registration statement are selling 1,388,000 shares. The Companys Class A common stock is expected to begin trading on The New York Stock Exchange under the symbol USX on June 14, 2018. The offering is expected to close on June 18, 2018.
In addition, the selling stockholders have granted... More
