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Bally's Corporation (BALY) To Pursue Strategic Investment In Lieu Of Tangible Equity Unit Offering; Common Stock Offering Will Proceed

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Go back to Bally's Corporation (BALY) To Pursue Strategic Investment In Lieu Of Tangible Equity Unit Offering; Common Stock Offering Will Proceed

Bally's Corporation (BALY) Prices 11M Share Common Offering at $55/Sh

April 16, 2021 5:48 AM EDT

Bally's Corporation (NYSE: BALY) today announced that it has priced its previously announced public offering of 11,000,000 shares of its common stock at $55.00 per share. The offering is expected to close on April 20, 2021, subject to customary closing conditions.

Bally's has granted the underwriters in the offering an option for a period of 30 days to purchase up to an additional 1,650,000 shares of common stock.

Bally's expects the net proceeds from the offering to be... More