Lakeland Industries (LAKE) announced a proposed underwritten public offering of shares of its common stock. All of the shares of common stock to be sold in the offering are to be sold by Lakeland. Lakeland intends to use the net proceeds from the proposed offering for the repayment of certain indebtedness, and for operations and the growth of its business, including working capital and other general corporate purposes. Roth Capital Partners is acting as sole book-running manager.
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