- OneSpaWorld Holdings Ltd OSW has priced 8.4 million shares of its common stock at $9.50 per share in a secondary offering.
- The offer price represents a discount of 6.8% to Wednesday's closing price of $10.2.
- The offering consists entirely of secondary shares sold by the Selling Shareholders, and OneSpaWorld will not receive any proceeds from the offering.
- The offering is expected to close on June 28, 2021.
- Stifel and William Blair will act as joint book-running managers for the offering.
- Price action: OSW shares are trading lower by 1.96% at $10 premarket on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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