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Article: MarineMax Announces Pricing of Common Stock Offering.
- Article from:
- Business & Finance Week
- Article date:
- October 3, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MarineMax, Inc. (NYSE: HZO) announced that it has priced a public offering of 2,600,000 shares of its common stock at a price to the public of $7.00 per share for total gross proceeds of $18,200,000 million. Raymond James & Associates, Inc. is serving as the sole underwriter for this offering. The underwriter also has the option to purchase up to an additional 390,000 shares of common stock from MarineMax at the public offering price, less underwriting discounts and commissions, within 30 days. The net proceeds of the offering will be used for general corporate purposes, which may include debt reduction.
This news release does not constitute an offer to sell or a ...
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