Mayville Engineering Company Announces Closing of Public Offering, Including Full Exercise of the Underwriters' Option to Purchase Additional Shares of Common Stock
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced the closing of its underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $20.00 per share, for total gross proceeds of $100 million, before deducting underwriting discounts and commissions and other offering expenses payable by MEC.