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Acushnet Holdings Corp. Announces Closing of Offering of Common Stock by Selling Shareholder

ACUSHNET HOLDINGS CORP (GOLF)  More Company Research Source: Business Wire
PDF FAIRHAVEN, Mass.--(BUSINESS WIRE)-- Acushnet Holdings Corp. (NYSE:GOLF) (“Acushnet”) today announced the closing of an offering of 9,165,542 shares of its common stock, including 833,231 shares of common stock pursuant to the full exercise of the underwriters’ option to purchase additional shares. All 9,165,542 shares of common stock sold in the offering were sold by investment funds affiliated with Mirae Asset Global Investments Co. Ltd. (the “Selling Shareholder”) at a public offering price of $17.00 per share. Acushnet did not sell any shares of common stock in this offering and did not receive any proceeds from the sale of the shares of common stock by the Selling Shareholder. Following the closing of the offering, the Selling Shareholder no longer owns any shares of Acushnet’s common stock. Morgan Stanley and Nomura acted as joint book-running managers for the offering. Acushnet [Read more]

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