Cadre Holdings (CDRE) IPO Opens 15% Higher

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Cadre Holdings Inc. (CDRE) Prices 6M Share IPO at $13/sh

November 4, 2021 5:39 AM EDT

Cadre Holdings Inc. (NYSE: CDRE), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced the pricing of its initial public offering of 6,000,000 shares of common stock at a public offering price of $13.00 per share. The Company has granted the underwriters a 30-day over-allotment option to purchase up to an additional 900,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange (the "NYSE") on November 4, 2021,... More