Ecovyst Inc. (ECVT) Prices 8M Share Secondary Offering at $9.50/sh

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Go back to Ecovyst Inc. (ECVT) Prices 8M Share Secondary Offering at $9.50/sh

Ecovyst Announces Pricing of Secondary Offering

November 18, 2021 8:14 PM EST

MALVERN, Pa.--(BUSINESS WIRE)-- Ecovyst Inc. (NYSE: ECVT) (the Company) today announced the pricing of the previously announced underwritten public offering by certain of its stockholders (the Selling Stockholders) of 8,000,000 shares of its common stock at a price to the public of $9.50 per share. The offering is expected to close on November 23, 2021, subject to customary closing conditions. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares at the public offering price less underwriting discounts and commissions.

The Selling Stockholders will receive all of the net... More