Market Overview

Conn's Prices 5.5M Share Offering at $26.75/Share

Conn's (NASDAQ: CONN), a specialty retailer of home appliances,
furniture, mattresses, consumer electronics and provider of consumer
credit (“Conn's” or the “Company”), today announced the pricing of its
public offering of 5,500,000 shares of its common stock at a price to
the public of $26.75 per share. Of the 5,500,000 shares of common stock
being offered, the Company is offering 1,408,379 shares and the selling
stockholders are offering 4,091,621 shares. The Company has also granted
the underwriters a 30-day option to purchase up to an additional 825,000
shares to cover over-allotments, if any. The offering size was increased
from 5,000,000 shares to 5,500,000 shares at pricing. The additional
500,000 shares are being offered by the selling stockholders. The
offering is

See full press release

Posted-In: News Guidance Asset Sales Management Global

 

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