Alliance Laundry Systems Announces Underwritten Public Offering Of 20.5M Shares By Its Principal Stockholder BDT Capital Partners
The selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 3,075,000 shares of the Company’s common stock. Alliance Laundry will not sell any shares of its common stock in
A big owner of Alliance Laundry is selling a large chunk of its shares to the public. This is a normal way for owners to cash out, but watch if the stock price stays steady—that tells you whether buyers think the company is still good.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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