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Stock impact report

AZZ Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters' Option [Yahoo! Finance]

AZZ Inc. (AZZ) 
Last azz inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: azz.com/investor-relations
Company Research Source: Yahoo! Finance
solutions, today announced the closing of its underwritten public offering of 4,600,000 shares of common stock, including the full exercise of the underwriters' option to purchase up to 600,000 additional shares of common stock, at a public offering price per share of , for gross proceeds of , before deducting the underwriting discount and commissions and other offering expenses payable by AZZ. Evercore ISI and Jefferies acted as joint lead book-running managers. Baird , Wells Fargo Securities and Wolfe | Nomura Alliance acted as additional book-running managers. B. Riley Securities, Roth Capital Partners and Sidoti & Company, LLC acted as co-managers for the offering. AZZ intends to use the net proceeds for the redemption of all or a portion of the Company's 6.0% Series A Convertible Preferred Stock. This offering was made pursuant to a shelf registration statement on Form S-3 (File No. 333-276450) filed with the Securities and Exchange Commission (SEC) and declared effective o Show less Read more
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