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Navigator Gas Prices Upsized Secondary Public Offering of 7M Shares by Selling Shareholder at $15/Share

Author: Benzinga Newsdesk | June 12, 2024 07:37am

Navigator Holdings Ltd. (NYSE:NVGS) ("Navigator Gas," the "Company," "we," or "our") announced today the upsize and pricing of the previously announced public offering (the "Secondary Offering") of a total of 7,000,000 shares of the Company's common stock (the "Offered Shares") by BW Group Limited, as the selling shareholder of the Company (the "Selling Shareholder"), at a public offering price of $15.00 per share. The Secondary Offering is expected to close on or about June 13, 2024, subject to customary closing conditions.

Posted In: NVGS