Driven Brands (DRVN) Prices 7M Share Secondary Offering
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Driven Brands Announces Pricing of Secondary Offering
September 13, 2022 7:28 AM EDTCHARLOTTE, N.C., Sept. 13, 2022 /PRNewswire/ -- Driven Brands Holdings Inc. ("Driven Brands" or the "Company") (NASDAQ: DRVN), announced today the pricing of the previously announced underwritten secondary offering by certain of the Company's stockholders that are affiliates of Roark Capital Management, LLC (the "Selling Stockholders") of 7,000,000 shares of Driven Brands common stock (the "Offering"). The Selling Stockholders will receive all of the proceeds from the Offering. Driven Brands is not selling any shares of common stock in the... More
