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Mayville Engineering Reveals Proposed Public Offering of Common Stock; No Size Disclosed

Benzinga Newsdesk 5 months ago

NewsOfferings

Mayville Engineering Company(NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced that it has commenced an

Mayville Engineering Company(NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares are being offered by MEC. In addition, MEC expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the public offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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