Gatos Silver, Inc. (GATO) Launches 6.5M Share IPO

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Go back to Gatos Silver, Inc. (GATO) Launches 6.5M Share IPO

Gatos Silver Announces Launch of Proposed Public Offering

July 12, 2021 4:48 PM EDT

DENVER--(BUSINESS WIRE)-- Gatos Silver, Inc. (NYSE/TSX: GATO) (Gatos Silver) today announced that it has commenced the roadshow for a proposed public offering to offer 6,500,000 shares of common stock and for certain selling stockholders to offer 1,820,000 shares of common stock. In addition, Gatos Silver and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to 975,000 and 273,000 additional shares of common stock, respectively, at the public offering price, less underwriting discounts and commissions. Gatos Silver will not receive any proceeds from the sale of common stock by the selling... More