Tidewater (TDW) Prices 3.99M Share Offering at $30.25/sh
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Tidewater Announces Pricing of Public Offering of Common Stock
November 8, 2022 11:48 PM ESTHOUSTON--(BUSINESS WIRE)-- Tidewater Inc. (NYSE: TDW) (the Company or Tidewater) today announced the pricing of its registered underwritten public offering of 3,987,914 shares of its common stock at a public offering price of $30.25 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $120,634,398. The Company intends to use the net proceeds from the offering (before expenses) to repurchase from Banyan Overseas Limited (Banyan) a number of warrants exercisable for shares of the Companys common stock (Warrants) equal to the number of... More

