Chart Industries, Inc. Announces Pricing of Upsized Public Offerings of Common Stock and Depositary Shares
ATLANTA, Dec. 09, 2022 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS)
Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced today that it has priced its previously announced concurrent offerings (together, the “Offerings”) of 5,923,670 shares of common stock, par value $0.01 per share (“Common Stock”), at a public offering price of $118.17 per share and 7,000,000 depositary shares (“Depositary Shares”).
Chart Industries, Inc. has made a strategic move by pricing its public offerings of common stock and depositary shares. With the successful pricing of these offerings, the company is set to raise significant capital for future growth and expansion opportunities.
The pricing of the common stock at $118.17 per share indicates strong investor interest in Chart Industries and reflects confidence in the company’s long-term prospects. Similarly, the pricing of depositary shares will provide additional capital for the company to pursue strategic initiatives and enhance shareholder value.
Chart Industries’ decision to upsize the public offerings demonstrates its commitment to capitalizing on favorable market conditions and maximizing shareholder value. The successful pricing of these offerings is a testament to the company’s strong financial position and growth potential in the industry.
Overall, Chart Industries, Inc. has positioned itself for sustainable growth and success with the pricing of its upsized public offerings of common stock and depositary shares.
How will this affect me?
As a shareholder of Chart Industries, Inc., the pricing of the public offerings of common stock and depositary shares is likely to have a direct impact on your investment. The successful pricing of these offerings indicates positive market sentiment towards the company, which could potentially result in an increase in stock price and overall shareholder value.
How will this affect the world?
The pricing of upsized public offerings of common stock and depositary shares by Chart Industries, Inc. is a significant development in the financial industry. It highlights the company’s strong position in the market and its ability to attract investor interest.
By raising capital through these offerings, Chart Industries is poised to drive innovation, expand its operations, and contribute to economic growth. The success of these offerings reflects positively on the overall market sentiment and signals confidence in the company’s future prospects.
Conclusion
Chart Industries, Inc.’s announcement regarding the pricing of its upsized public offerings of common stock and depositary shares is a strategic move that underscores the company’s commitment to growth and value creation. The successful pricing of these offerings bodes well for shareholders and the broader financial market, positioning Chart Industries for continued success and expansion in the future.
