DMC Global (BOOM) Announces 2.5M Share Proposed Public Offering of Common Stock
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DMC Global Announces Proposed Public Offering of Common Stock
May 3, 2021 4:03 PM EDTBROOMFIELD, Colo., May 03, 2021 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) (DMC Global) today announced that it intends to offer and sell 2,500,000 shares of its common stock in an underwritten public offering. In connection with the offering, DMC Global expects to grant the underwriters a 30-day option to purchase additional shares of common stock, equal to up to 15% of the number of shares of common stock sold in the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be... More