Mohawk Group Holdings, Inc. Closes Its Initial Public Offering
Mohawk Group Holdings, Inc. (MWK)
Last mohawk group holdings, inc. earnings: 11/5 04:05 pm
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Source: GlobeNewswire
NEW YORK, June 14, 2019 (GLOBE NEWSWIRE) -- Mohawk Group Holdings, Inc. (NasdaqCM:MWK) (“Mohawk”) today announced the closing of its initial public offering of 3,600,000 shares of its common stock at a price of $10.00 per share. Mohawk received net proceeds from the offering of approximately $29.3 million, after deducting underwriting discounts and estimated offering expenses. Mohawk intends to use the net proceeds from the offering for general corporate purposes and to support the future growth and development of its business. Roth Capital Partners and A.G.P./Alliance Global Partners served as joint book-running managers with National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation (NasdaqCM:NHLD), as co-manager for the offering. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 12, 2019. The final prospectus relating to the offering has been filed with the Securities
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