Seneca Foods Corp. has announced the pricing of its previously announced secondary offering of 3.3m shares for US$22 each.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Seneca will not receive any of the proceeds from the offering as the shares are being offered by certain unnamed shareholders, who have granted the underwriters a 30-day option to purchase up to an additional 489,956 shares to cover overallotments.
The offering is being conducted as a public offering pursuant to an effective registration statement.
Merrill Lynch is sole book-running manager and Piper Jaffray is joint lead manager of the offering.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
