Seneca Foods Corp. has announced the pricing of its previously announced secondary offering of 3.3m shares for US$22 each.
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.

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