Superior Drilling Products prices follow-on equity offering at USD1.00 per share.
M2 EQUITYBITES-October 3, 2016-Superior Drilling Products prices follow-on equity offering at USD1.00 per share
(C)2016 M2 COMMUNICATIONS http://www.m2.com
Drilling tool company Superior Drilling Products (NYSE MKT:SDPI) announced on Friday that it has priced an underwritten registered offering of 5,000,000 shares of its common stock .
All of the shares have been issued by the company to the public at a price of USD1.00 per share.
The company has provided the underwriters with a 30-day option to purchase, at the offering price, up to an additional 750,000 shares of common stock.
In the offering...
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