Array technologies, inc. announces launch of secondary offering of 25 million shares

Albuquerque, n.m., nov. 30, 2020 (globe newswire) -- array technologies, inc. (nasdaq: arry) (the “company”) today announced that a parent entity of the company controlled by oaktree capital (the “selling stockholder”) has commenced an underwritten public offering of 25,000,000 shares of the company's common stock pursuant to a registration statement filed with the securities and exchange commission. additionally, the selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of the company's common stock. the company's common stock is listed on the nasdaq global market under the symbol "arry."
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