Montrose Environmental (MEG) Prices 4.92M Share Secondary Offering at $27.25/Sh
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Montrose Environmental Group Announces Pricing of Secondary Offering
November 25, 2020 7:00 AM ESTIRVINE, Calif.--(BUSINESS WIRE)--
(November 24, 2020) Montrose Environmental Group, Inc. (the Company or Montrose) (NYSE: MEG) announced today the pricing of the previously announced underwritten secondary offering by certain of the Companys stockholders, including funds managed by Oaktree Capital Management, L.P. (the Selling Stockholders), of 4,920,052 shares of the Companys common stock, at a price of $27.25 per share (before underwriting discounts and commissions). The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 738,012 shares of common stock. The Selling Stockholders will receive all of the... More
