Csw industrials announces upsize and pricing of public offering of common stock

Dallas, texas, sept. 05, 2024 (globe newswire) -- csw industrials, inc. (nasdaq: cswi) today announced the upsize and pricing of its previously announced underwritten registered public offering of its common stock. the size of the offering increased from the previously announced 1,000,000 shares to 1,100,000 shares of the company's common stock at a price to the public of $285 per share, for gross proceeds of approximately us$313.5 million, before the underwriting discount and estimated offering expenses. additionally, the company has granted the underwriters a 30-day option to purchase up to an additional 165,000 shares of its common stock at the public offering price less the underwriting discount. the offering is expected to close on or about september 6, 2024, subject to market and other customary closing conditions.
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