Ecovyst announces pricing of secondary offering

Nov. 19, 2021 3:19 AM ETEcovyst Inc. (ECVT)By: Mamta Mayani, SA News Editor
  • Ecovyst (NYSE:ECVT) has priced public offering by certain of its stockholders (the Selling Stockholders) of 8M shares of common stock at $9.50/share.
  • Underwriters' over-allotment is an additional 1.2M shares.
  • Closing date is November 23, 2021.
  • The Selling Stockholders will receive all of the net proceeds from this offering.
  • Shares down 2.3% after-hours. Yesterday's close was $10.67.
  • Earlier, Ecovyst to raise capital via 12.5M shares in secondary stock offering

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