Chefs' Warehouse (CHEF) Announces Proposed $75M Public Offering of Common Stock
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The Chefs’ Warehouse Inc. Announces Proposed Public Offering of Common Stock
May 11, 2020 4:23 PM EDTRIDGEFIELD, Conn., May 11, 2020 (GLOBE NEWSWIRE) -- The Chefs Warehouse, Inc. (NASDAQ: CHEF) (the Company), a premier distributor of specialty food products in the United States and Canada, today announced that Jefferies LLC (Jefferies) has agreed to purchase $75,000,000 of the Companys common stock (the Shares), to be reoffered by Jefferies at variable prices. In addition, the Company has granted Jefferies an option, exercisable for up to 30 days, to purchase up to an aggregate of an additional $11,250,000 of shares of common stock.
In addition to adding liquidity to the balance sheet, the Company currently... More
