Orion Marine Group (ORN) Announces Proposed Share Offering

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Orion Group Holdings Announces Proposed Public Offering of Common Stock

September 10, 2024 4:02 PM EDT

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (Orion or the Company), a leading specialty construction company, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. In connection with the offering, Orion also expects to grant the underwriter a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the final... More