Gms announces secondary public offering of common stock
Tucker, ga.--(business wire)--gms inc. (nyse:gms) (the “company”), a leading north american distributor of gypsum wallboard and suspended ceiling systems, announced today the launch of an underwritten secondary public offering of 5,000,000 shares of common stock by certain of the company’s existing stockholders, including certain affiliates of aea investors lp (collectively, the “selling stockholders”). the shares will be offered to the public at a fixed price, which may be changed at any time without notice. the company is not selling any shares in this offering and will not receive any proceeds from the sale of shares being sold by the selling stockholders in this offering. morgan stanley is acting as sole underwriter for the offering. an automatic shelf registration statement (including a prospectus) relating to these securities was filed on december 11, 2017 with the securities and exchange commission (the “sec”) and became effective upon such filing. before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering. copies of these documents are available at no charge on the sec’s website at www.sec.gov. alternatively, copies of the prospectus supplement and the accompanying prospectus, when available, may be obtained from morgan stanley & co. llc, attn: prospectus department, 180 varick street, 2nd floor, new york, ny 10014 the offering of these securities is being made only by means of a prospectus supplement and an accompanying prospectus. this press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. about gms: founded in 1971, gms operates a network of more than 210 distribution centers across the united states. gms’s extensive product offering of wallboard, suspended ceilings systems and complementary interior construction products is designed to provide a comprehensive one-stop-shop for our core customer, the interior contractor who installs these products in commercial and residential buildings.
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