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TriMas Corporation Announces Sale of 1.5M Shares of Common Stock by Stockholder

TriMas Corporation (NASDAQ: TRS) announced today that Heartland Industrial Associates, L.L.C., has agreed to sell 1,500,000 shares of its common stock to Deutsche Bank Securities Inc. as the sole underwriter in the registered public offering of those shares. All net proceeds from the sale of the common stock will be received by the selling stockholder. TriMas Corporation will not receive any of the proceeds. The total number of outstanding shares of TriMas Corporation's common stock will not change as a result of this offering.

Posted-In: News Offerings Insider Trades

 

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