QualityStocksNewsBreaks – A-Mark Precious Metals Inc. (NASDAQ: AMRK) Secures $80.5M in Underwritten Public Offering
A-Mark Precious Metals (NASDAQ: AMRK), a leading fully integrated precious metals platform, has closed an underwritten public offering of 2,875,000 shares of common stock, including 375,000 shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, the company secured gross proceeds of $80.5 million, with each of the shares sold at the public offering price of $28.00. A-Mark anticipates using the proceeds to fund a portion of the consideration payable in connection with the previously announced acquisition of JM Bullion Inc. Roth Capital Partners acted as joint book-running manager for the offering. For…
