Market Overview

CAI International Prices 3.77M Share Offering of Common Stock at $19.85/Share

CAI International, Inc. (NYSE: CAP) today announced the pricing of a
public offering of 3,778,338 shares of its common stock at $19.85 per
share (before underwriting discounts and commissions), of which
2,518,892 shares are being offered by the Company, 251,890 shares are
being offered by Development Bank of Japan Inc., 899,136 shares are
being offered by Mr. Hiromitsu Ogawa, the Company's founder and Chairman
and 108,420 shares are being offered by Mr. Masaaki (John) Nishibori, a
director and former Chief Executive Officer of the Company. The offering
is expected to close on or about December 4, 2012, subject to customary
closing conditions. The underwriters have been granted a 30-day option
to purchase up to an additional 566,751 shares of common stock from the

See full press release

Posted-In: News Guidance Management

 

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