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Transcat announces common stock offering, no amount given

Transcat announces common stock offering, no amount given

Transcat announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering. All of the shares of common stock are being offered by Transcat. Transcat intends to use the net proceeds from the proposed offering to repay its credit facility with Manufacturers and Traders Trust Company, for working capital, and for other general corporate purposes. Oppenheimer & Co. is acting as sole book-running manager for the offering.

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