Ecovyst Inc. (ECVT) Announces 12M Share Offering by Selling Stockholders,

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Go back to Ecovyst Inc. (ECVT) Announces 12M Share Offering by Selling Stockholders,

Ecovyst Announces Secondary Offering of 12,000,000 Shares of Common Stock by Selling Stockholders and Repurchase of Common Stock

August 3, 2022 4:02 PM EDT

MALVERN, Pa.--(BUSINESS WIRE)-- Ecovyst Inc. (NYSE: ECVT) (the Company) today announced that funds affiliated with CCMP Capital Advisors, LP (the Selling Stockholders) intend to offer for sale 12,000,000 shares of its common stock pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission (the Offering). In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,800,000 additional shares at the public offering price less underwriting discounts and commissions.

The Selling Stockholders will receive all of the net proceeds from the Offering. No... More