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Stock impact report

NAPCO Security Technologies Announces Pricing of Secondary Public Offering of Up to 2,300,000 Shares of Common Stock by Selling Stockholder

NAPCO Security Technologies, Inc. (NSSC) 
Last napco security technologies, inc. earnings: 2/3 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.napcosecurity.com
Company Research Source: PR Newswire
AMITYVILLE, N.Y., March 5, 2024 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC) (the "Company"), one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions, announced today the pricing of the previously announced underwritten secondary public offering of 2,000,000 shares of its common stock at an offering price to the public of $40.75 per share (the "Offering"). The shares are being sold by the Company's Chairman of the Board and President and Chief Executive Officer, Richard L. Soloway (the "Selling Stockholder"). Additionally, the Selling Stockholder has granted the underwriters a 30-day option to purchase from the Selling Stockholder up to an additional 300,000 shares of common stock at the public offering price. The Offering is expected to close on March 8, 2024, subject to customary closing condition Show less Read more
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