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asiaone - 2 month ago

WillScot Mobile Mini Announces Launch of Secondary Offering and Concurrent Stock Repurchase

WillScot Mobile Mini Announces Launch of Secondary Offering and Concurrent Stock RepurchaseGlobeNewswireMarch 01, 2021PHOENIX, March 01, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced the launch of an underwritten, secondary offering (the “Offering”) of 10,750,000 shares (the “Shares”) of its common stock, par value $0.0001 per share (the “Common Stock”). The Shares are being offered by the Company’s principal shareholder, Sapphire Holding S.à r.l., an entity controlled by TDR Capital (the “Selling Stockholder”). The Selling Stockholder expects to grant the underwriter a 30-day option to purchase up to an additional 1,612,500 shares. The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.


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