NAPCO Security Tech (NSSC) to Offer 2.23M Shares for Chairman

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Go back to NAPCO Security Tech (NSSC) to Offer 2.23M Shares for Chairman

NAPCO Security Technologies Announces Secondary Public Offering of 2,233,071 Shares of Common Stock

December 10, 2020 4:01 PM EST

AMITYVILLE, N.Y., Dec. 10, 2020 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC) ("NAPCO"), one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school security and safety solutions, announced today that its Chairman of the Board and President and Chief Executive Officer, Richard L. Soloway (the "Selling Stockholder"), intends to offer and sell 2,233,071 outstanding shares of common stock beneficially owned by him in an underwritten secondary public offering.  Additionally, the Selling Stockholder intends to grant the underwriters a 30-day... More