NetworkNewsBreaks – NV5 Global Inc. (NASDAQ: NVEE) Secures $172.5M in Underwritten Public Offering
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…