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Diversified Restaurant Holdings Inc Prices Follow-On Equity Offering

Thursday, 18 Apr 2013 06:55am EDT 

Diversified Restaurant Holdings Inc announced that the pricing of a follow-on offering of 6,000,000 shares of its common stock at a price to the public of $5.00 per share. DRH has granted the underwriters a 45-day option to purchase, at the offering price, up to an additional 900,000 shares of common stock to cover over allotments, if any. The offering is expected to close on or about April 23, 2013, subject to customary closing conditions. Dougherty & Company LLC is sole bookrunner and lead underwriter for the offering. Feltl and Company, Inc. is acting as co-manager for the offering. 

Company Quote

-0.025 -0.53%
28 Aug 2014