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Callaway Golf (ELY) Prices Upsized 4M Offering by Selling Stockholder $29.25/sh

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Callaway Golf (ELY) Announces Proposed 3M Share Secondary Offering by Selling Stockholder

September 15, 2021 8:32 AM EDT

Callaway Golf Company (NYSE: ELY) announced today the commencement of a proposed underwritten public offering of 3,000,000 shares of its common stock being offered for sale by PEP TG Investments LP. In addition, PEP TG Investments LP expects to grant the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. Callaway is not selling any of its shares in the offering and... More