Datalink DTLK, a leading provider of data center
infrastructure and services, announced today that it plans to offer and
sell, subject to market and other conditions, 3,300,000 shares of its
common stock in an underwritten public offering. Datalink also plans to
grant the underwriters a 30-day option to purchase up to an additional
495,000 shares to cover over-allotments, if any. Datalink intends to use
the net proceeds from the offering for potential acquisitions of other
businesses or technology that will complement its current business model
and growth plans, although it has no present commitments or agreements
to do so. Any amount of the net proceeds of this offering not used for
acquisitions will be used for general corporate purposes.
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in