Current Report Filing (8-k)
December 14 2016 - 4:32PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT
REPORT Pursuant
to
Section 13 or 15(
d
) of the
Securities
Exchange Act of 1934
Date of report (Date of earliest event
reported)
|
December 14, 2016
|
Hudson
Technologies, Inc.
(Exact Name of Registrant as Specified in
Its Charter)
New York
(State or Other Jurisdiction of Incorporation)
1-13412
|
|
13-3641539
|
(Commission File Number)
|
|
(IRS Employer Identification No.)
|
|
|
|
PO Box
1541, 1 Blue Hill Plaza, Pearl River, New York
|
|
10965
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
(845)
735-6000
(Registrant's Telephone Number, Including
Area Code)
Not Applicable
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (
see
General Instruction A.2. below):
|
¨
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
¨
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
¨
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
On December 14, 2016, Hudson Technologies,
Inc. (the “Company”) closed its previously-announced underwritten public offering of 7,392,856 shares of common stock,
par value $0.01 per share (which amount includes the full exercise of the underwriter’s option to purchase 964,285 shares
to cover overallotments), at a price to the public of $7.00 per share, resulting in net proceeds of approximately $48.4 million,
after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds
from the offering for working capital and general corporate purposes which may include, among other things, funding acquisitions,
although the Company has no present commitments or agreements with respect to any such transactions. The Company may also use a
portion of the proceeds to reduce or repay indebtedness under its loan agreement with its existing commercial lender. William Blair
& Company, L.L.C. and Craig-Hallum Capital Group LLC acted as joint book-running managers. Roth Capital Partners and B. Riley
& Co., LLC acted as co-managers for the offering.
On December 14, 2016, the Company issued
a press release announcing the closing of the offering. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated
herein by reference.
|
Item 9.01.
|
Financial Statements and Exhibits
|
|
99.1
|
Press Release of Hudson Technologies, Inc., dated
December 14, 2016
|
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: December 14, 2016
|
|
|
|
|
HUDSON TECHNOLOGIES, INC.
|
|
|
|
|
|
|
By:
|
/s/ Stephen P. Mandracchia
|
|
|
Name:
|
Stephen P. Mandracchia
|
|
|
Title:
|
Vice President Legal & Regulatory
|
|
|
|
Secretary
|
|
Hudson Technologies (NASDAQ:HDSN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hudson Technologies (NASDAQ:HDSN)
Historical Stock Chart
From Apr 2023 to Apr 2024