Thermon Group
Holdings, Inc. THR (the "Company") announced today an
underwritten public offering of 8,000,000 shares of common stock by
certain of its existing stockholders pursuant to an effective shelf
registration statement.
All of the shares of common stock in the offering will be sold by
investment funds affiliated with CHS Capital(TM) LLC, Thompson Street
Capital Partners and Longview Asset Management LLC. In addition, the
underwriters have a 30-day option to purchase up to 1,200,000
additional shares of common stock from the selling stockholders to
cover over-allotments, if any. Neither the Company nor the Company's
management is selling any shares of common stock in the offering, and
the Company will not receive any of the proceeds from the offering of
shares by the selling stockholders.
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