UPDATE: Stifel Upgrades Eneti Inc (NETI) to Buy

Go back to UPDATE: Stifel Upgrades Eneti Inc (NETI) to Buy

Net Insight Teams up With intoPIX to Develop Next-generation JPEG XS Compliant Solutions

November 12, 2021 11:18 AM EST

Net Insights Cloud and IP media platform adds JPEG XS video compression offering unparalleled low-latency and image quality for content creation and delivery

MONT-SAINT-GUIBERT, Belgium--(BUSINESS WIRE)-- Net Insight... More

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