Underwriters' over-allotment is an additional 825K shares
Wynn Resorts announces 5.5M share offering of common stock
2021-02-08
Reading time 22 seg
Wynn Resorts expects to use the net proceeds from the offering for general corporate purposes.
Wynn Resorts today announced that it has commenced an underwritten public offering of 5,500,000 shares of its common stock. Wynn Resorts intends to grant the underwriters a 30-day option to purchase up to an additional 825,000 shares of common stock. The company expects to use the net proceeds from the offering for general corporate purposes.
Deutsche Bank Securities, Goldman Sachs & Co. LLC and BofA Securities, Inc. are acting as joint lead book-running managers for the offering.
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