New Age Beverages -23% after weak pricing on share offering

|About: New Age Beverages Corpora... (NBEV)|By:, SA News Editor

New Age Beverages (NASDAQ:NBEV) prices a 12.9M share offering at $3.50 per share. The offering is expected to close on November 13.

The company says it plans to use the proceeds for working capital and potential acquisitions.

New Age Beverages SEC filing

Shares of NBEV are down 22.83% to $3.60 in premarket trading.

Previously: New Age Beverages -7% on report of share offering (Nov. 8)

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