Piedmont Lithium (PLL) Prices 1.75M ADS Offering at $70
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Piedmont Announces Pricing of Public Offering of American Depositary Shares
March 23, 2021 5:35 PM EDTNEW YORK--(BUSINESS WIRE)-- Piedmont Lithium Limited (Piedmont or the Company) (Nasdaq:PLL; ASX: PLL) today announced the pricing of an underwritten public offering of 1.75 million of its American Depositary Shares (ADSs), with each ADS representing 100 of its ordinary shares (Public Offering), at a price per ADS to the public of $70.00, for aggregate gross proceeds of $122.5 million. Piedmont has granted the underwriters a 30-day option to purchase up to an additional 262,500 ADSs at the issue price of the Public Offering. The Public Offering is expected to close on March 25, 2021, subject to customary closing... More
