NetworkNewsBreaks – Ampco-Pittsburgh Corp.’s (NYSE: AP) Rights Offering Expires, $19.3M Raised
Ampco-Pittsburgh (NYSE: AP) recently reported that its previously announced rights offering expired on Friday, Sept. 18, 2020, at 5 p.m. ET. Consequently, these rights are no longer exercisable. The company also announced that the offering was 97% subscribed, with subscriptions obtained through the offering totaling approximately 12.3 million units. The total amount raised through the offering reached approximately $19.3 million in gross proceeds. The results of the rights offering and the aggregate gross proceeds of the rights offering are subject to finalization and verification by its subscription agent with DTC. In addition, Ampco-Pittsburgh announced that it expects the closing of…







