ASV HOLDINGS, INC. (NASDAQ:ASV) Files An 8-K Other Events
On May23, 2017, ASV Holdings, Inc. (the Company) issued a press
release announcing that the underwriters of the Companys recently
completed initial public offering (the IPO) have exercised their
over-allotment option in full by purchasing 570,000 additional
shares of the Companys common stock from A.S.V. Holding, LLC, a
subsidiary of Terex Corporation, at a price of $7.00 per share,
less underwriting discounts and commissions. The Company did not
receive any proceeds from the sale of shares by A.S.V. Holding,
A copy of the press release is attached hereto as Exhibit 99.1.
|Item9.01.||Financial Statements and Exhibits.|
|99.1||Press Release dated May23, 2017.|
About ASV HOLDINGS, INC. (NASDAQ:ASV)
ASV Holdings, Inc. (ASV) is engaged in designing and manufacturing a range of compact track loader (CTL) and skid steer loader (SSL) equipment for construction, agricultural and forestry industries. The Company manufactures Posi-Track, rubber-tracked CTLs with multi-level suspension. CTLs are compact tracked vehicles with lift arms that functions in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment. SSLs are wheeled vehicles with lift arms that can be outfitted with the same attachments as CTLs and can therefore be used in the same applications. The Company also serves as a private label original equipment manufacturer (OEM) for several manufacturers. It provides pre- and post-sale dealer support, after-sale technical support and replacement parts. The Company markets through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands. ASV HOLDINGS, INC. (NASDAQ:ASV) Recent Trading Information
ASV HOLDINGS, INC. (NASDAQ:ASV) closed its last trading session down -0.01 at 7.90 with 61,834 shares trading hands.