- REV Group (NYSE:REVG) announces the pricing of a secondary public offering of 7.4 million shares of the company’s common stock held by American Industrial Partners Capital Fund IV, LP, and American Industrial Partners Capital Fund IV (Parallel), LP, at $18.00 per share.
Shares of REVG fell 4.59% after-hours on Wednesday.
The offering consists entirely of shares of the company’s common stock to be sold by the selling stockholders, and the company will not receive any proceeds from the sale of the shares being offered.
The offering is expected to close on March 15, 2024.
REV Group stock slides on pricing secondary stock offering at $18.00 a share
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Symbol | Last Price | % Chg |
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REV Group, Inc. |