Borr drilling - second and final settlement of us offering of common shares

Hamilton, bermuda , aug. 26, 2022 /prnewswire/ -- borr drilling limited (the "company") (nyse: borr) (ose: borr) announced today the second and final settlement of its previously announced us public offering of 69,444,444 us common shares of the company, at a price per share of $3.60 per common share and an additional 6,918,627 common shares for which the underwriters have exercised their option to purchase at the public offering price of $3.60 per share, minus underwriting discounts. the total gross proceeds of the offering, including the option shares, is $275 million.
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