NV5 Global (NASDAQ: NVEE), a provider of compliance, technology and engineering consulting solutions, has closed an underwritten public offering of 1,854,838 shares of common stock, including an additional 241,935 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. NV5 secured approximately $172.5 million in gross proceeds, with each of the shares sold at a public offering price of $93.00. NV5 intends to use the proceeds for general corporate purposes, which may include possible acquisitions, the expansion of its business, providing working capital, and reducing debt. Roth Capital Partners LLC (“ROTH”) acted as joint book-running manager for the offering.
For more information, visit www.NV5.com
About NV5 Global Inc.
NV5 is a provider of compliance, technology and engineering consulting solutions for public and private sector clients supporting infrastructure, utility, and building assets and systems. The company primarily focuses on six business verticals: testing, inspection & consulting, infrastructure support services, utility services, buildings & program management, environmental health sciences, and geospatial technology services. NV5 operates out of more than 100 offices nationwide and abroad. For more information, please visit www.NV5.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork