Kratos Defense (KTOS) Prices 16.67M Share Offering at $18/sh
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Kratos Defense & Security Solutions, Inc. Prices Public Offering of Common Stock
February 22, 2024 7:45 PM ESTSAN DIEGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Kratos) (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced the pricing of an underwritten offering of 16,666,667 shares of its common stock at a public offering price of $18.00 per share pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the SEC). The net proceeds to Kratos from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $288 million. Kratos has also granted the underwriters a 30-day option to... More
