Thermon Announces Secondary Offering 8M Shares


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Thermon GroupHoldings, Inc. (NYSE: THR) (the "Company") announced today anunderwritten public offering of 8,000,000 shares of common stock bycertain of its existing stockholders pursuant to an effective shelfregistration statement. All of the shares of common stock in the offering will be sold byinvestment funds affiliated with CHS Capital(TM) LLC, Thompson StreetCapital Partners and Longview Asset Management LLC. In addition, theunderwriters have a 30-day option to purchase up to 1,200,000additional shares of common stock from the selling stockholders tocover over-allotments, if any. Neither the Company nor the Company'smanagement is selling any shares of common stock in the offering, andthe Company will not receive any of the proceeds from the offering ofshares by the selling stockholders.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsOfferings