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-0.0523297491039427 -0.0824372759856631 -0.111827956989247 -0.157612903225806 -0.0974910394265234 -0.103942652329749 -0.111111111111111 -0.12831541218638
Stock impact report

Altus Power, Inc. Announces Secondary Underwritten Public Offering of Class a Common Stock

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that a selling stockholder affiliated with Blackstone (“Blackstone”) intends to offer and sell 7,000,000 shares of Altus Power’s Class A common stock in a secondary underwritten public offering. In connection with the offering, Blackstone is expected to grant the underwriters a 30-day option to purchase up to 1,050,000 additional shares of Class A common stock on the same terms and conditions. All of the shares in the offering are to be sold by Blackstone. Altus Power will not receive any proceeds from the sale of shares of its Class A common stock by Blackstone.J.P. Morgan, Citigroup and Evercore ISI are acting as joint book-running managers for the offering.The shares of Class A common stock are being offered pursuant to an effective registration statement on Form S-1 that Altus Power previou Show less Read more
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