Alliance Laundry Announces Pricing of Upsized Public Offering of Common Stock by Selling Stockholder
Alliance Laundry Systems announced the pricing of its upsized underwritten public offering of 22,550,000 shares of common stock by its principal stockholder, BDT Capital Partners LLC and affiliated funds, at an offering price of $23.50 per share.
Why it matters — A ALH watcher would care because a large block of shares is being sold by the principal stockholder, which could affect the company's ownership structure and share supply.