- Hudson Technologies (NASDAQ:HDSN) intends to offer and sell up to $45M of shares, together with certain shareholders who intend to offer and sell up to $4M of shares of common stock.
- The company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of shares of common stock offered in the public offering solely to cover overallotments, if any.
- Net proceeds from this offering will be utilised for working capital and general corporate purposes, to reduce or repay indebtedness under its loan agreement with its existing commercial lender.
- Joint book-running managers - William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC
- Press Release