Academy Sports and Outdoor (ASO) Prices 18.65M Share Secondary Offering at $44.75/sh; Announces 4.5M Share Buyback

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Pre-Open Stock Movers 09/13: (ITMR) (LPTX) (BLU) Higher; (MDXG) (FAMI) (VALN) Lower (more...)

September 13, 2021 9:30 AM EDT

Today's Pre-Open Stock Movers:

MiMedx Group, Inc. (Nasdaq: MDXG) 53% LOWER; announced top-line results from two late-stage musculoskeletal clinical trials of the Companys micronized dehydrated Human Amnion Chorion Membrane (mdHACM): a Phase 2B clinical trial for the treatment of Knee Osteoarthritis (KOA) and a Phase 3 clinical trial for the treatment of Plantar Fasciitis (PF).

Farmmi, Inc. (NASDAQ: FAMI) 49% LOWER; announced the pricing of an underwritten public offering of ordinary shares and pre-funded warrants to purchase ordinary shares ("Offering"), with... More

Academy Sports and Outdoor (ASO) Announces 18.6M Share Secondary Offering; Concurrent $200M Share Buyback

September 13, 2021 7:09 AM EDT

Academy Sports and Outdoors, Inc. (NASDAQ: ASO) today announced that certain of its stockholders that are affiliates of Kohlberg Kravis Roberts & Co. L.P. (the Selling Stockholders) intend to offer for sale in an underwritten secondary offering 18,645,602 shares of common stock of Academy pursuant to a registration statement filed by Academy with the U.S. Securities and Exchange Commission (the SEC). No shares are being sold by Academy. The Selling Stockholders will receive all of the proceeds from this offering.

Academy announced that, subject to the completion of the offering, it intends to... More