Eneti Inc. (NETI) Prices 19.44M Share Offering at $9/sh

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Go back to Eneti Inc. (NETI) Prices 19.44M Share Offering at $9/sh

Eneti Inc. Announces Pricing of Public Offering of Common Shares

November 12, 2021 12:05 AM EST

MONACO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the Company) announced today that it has priced its previously announced underwritten public offering (the Offering) of 19,444,444 shares of its common stock, par value $0.01 per share (the Common Shares), at $9.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 2,916,667 Common Shares.  The Offering will result in gross proceeds to the Company of approximately $175.0 million (or approximately $201.2 million if the underwriters option to purchase additional Common Shares is exercised in full) prior to deducting underwriting discounts, commissions and... More