MISTRAS Group, Inc. Prices Initial Public Offering
October 07 2009 - 6:37PM
PR Newswire (US)
PRINCETON JUNCTION, N.J., Oct. 7 /PRNewswire-FirstCall/ -- MISTRAS
Group, Inc., a leading global provider of technology-enabled asset
protection solutions, today announced the pricing of the initial
public offering of 8,700,000 shares of its common stock at $12.50
per share. The shares will begin trading on the New York Stock
Exchange on October 8, 2009 under the ticker symbol "MG." MISTRAS
Group offered 6,700,000 shares of common stock, and selling
stockholders, including Thayer | Hidden Creek Partners and Altus
Capital Partners, offered the remaining 2,000,000 shares in the
offering. In addition, selling stockholders have granted the
underwriters a 30-day option to purchase up to 1,300,000 shares of
common stock at the initial public offering price to cover
over-allotments, if any. J.P. Morgan, Credit Suisse and BofA
Merrill Lynch are acting as joint book-running managers for the
offering. Robert W. Baird & Co. is acting as a co-manager of
the offering. A registration statement relating to these securities
was declared effective by the Securities and Exchange Commission on
October 7, 2009. Any offer or sale will be made only by means of a
written prospectus forming part of the effective registration
statement. A copy of the final prospectus may be obtained directly
from: J.P. Morgan National Statement Processing Prospectus Library
4 Chase Metrotech Center CS Level Brooklyn, New York, NY 11245 ph:
1-718-242-8002 Credit Suisse Prospectus Department One Madison
Avenue 1B New York, NY 10010 ph: 1-800-221-1037 BofA Merrill Lynch
Prospectus Department 4 World Financial Center New York, NY 10080
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the securities in this offering,
nor shall there be any sale, offer or solicitation of these
securities in any state or jurisdiction in which such sale, offer
or solicitation would be unlawful prior to registration or
qualification under the securities laws of any state or
jurisdiction. DATASOURCE: MISTRAS Group, Inc. CONTACT: Mike
Kandell, Director of External Reporting, for MISTRAS Group, Inc.,
+1-609-716-4107
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