DMC Global (BOOM) Prices 2.5M Share Common Offering at $45/Sh

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Go back to DMC Global (BOOM) Prices 2.5M Share Common Offering at $45/Sh

DMC Global Announces Pricing of Public Offering of Common Stock

May 4, 2021 7:36 PM EDT

BROOMFIELD, Colo., May 04, 2021 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) (DMC Global) today announced the pricing of its underwritten public offering of 2,500,000 shares of common stock at a public offering price of $45.00 per share. DMC Global has also granted the underwriters a 30-day option to purchase up to 375,000 additional shares of common stock on the same terms. The gross proceeds to DMC Global from this offering are expected to be approximately $112.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by DMC Global, and assuming no exercise... More