- Freshpet Inc (NASDAQ:FRPT) has priced the follow-on offering of 4.3 million shares at $81 per share.
- The offer price represents a 2.3% discount on the company’s closing price on May 3, 2022.
- Freshpet has also granted the underwriters a 30-day option to purchase up to 0.6 million additional shares of its common stock.
- The offering is expected to close on May 6, 2022.
- BofA Securities, Jefferies, and Truist Securities are acting as lead book-running managers for the offering.
- Price Action: FRPT shares closed lower by 10.93% at $82.92 on Tuesday.
Apple Joins Cost Cut Bandwagon, Eases On Bonus, Hiring, Triggers Employee Fears Of Layoffs
Apple Inc (NASDAQ: AAPL) is postponing perks for some corporate divisions and expanding a cost-cutting effort joining its peers in streamlining operations amid business slowdown and economic uncertainties.
