The AZEK® Company Announces Pricing of Public Offering of Class A Common Stock
The AZEK Company Inc. (NYSE: AZEK) ("AZEK") announced today the pricing of an underwritten public offering of 20,000,000 shares of its Class A common stock to be offered by certain of its selling stockholders, at a price to the public of $40.00 per share.
- The AZEK Company Inc. (NYSE: AZEK) ("AZEK") announced today the pricing of an underwritten public offering of 20,000,000 shares of its Class A common stock to be offered by certain of its selling stockholders, at a price to the public of $40.00 per share.
- The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock at the public offering price, less underwriting discounts and commissions.
- AZEK will not receive any proceeds from the sale of the shares of Class A common stock.
- Barclays, BofA Securities, Goldman Sachs & Co. LLC and Jefferies are acting as joint lead book-running managers for the offering.