Clearfield Announces Pricing of Upsized $120 Million Public Offering of Common Stock
In connection with the offering, the underwriters have been granted a 30-day option to purchase up to an additional 180,000 shares of its common stock in the underwritten public offering.
- In connection with the offering, the underwriters have been granted a 30-day option to purchase up to an additional 180,000 shares of its common stock in the underwritten public offering.
- The offering is expected to close on December 9, 2022, subject to the satisfaction of customary closing conditions.
- The net proceeds from the offering will be used for working capital and general corporate purposes.
- Cowen and Needham & Company are acting as joint book-running managers for the offering.