The company is offering 3,166,667 shares of common stock and the selling stockholders are offering 1,583,333 shares of common stock. The company will not receive any proceeds from the sale of the shares being sold by the selling stockholders. Jefferies, Moelis & Company, Morgan Stanley, Citigroup, Blackstone, and RBC Capital Markets are acting as managers.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOAR: