BLUELINX HOLDINGS INC. (NYSE:BXC) Files An 8-K Other EventsItem 8.01Other Events.
On October 18, 2017, BlueLinx Holdings Inc. (the “Company”), Cerberus ABP Investor LLC, an affiliate of Cerberus Capital Management, L.P. (the “Selling Stockholder”), and BTIG, LLC, as underwriter (the “Underwriter”), entered into an underwriting agreement (the “Underwriting Agreement”) in connection with the public offering and sale by the Selling Stockholder of 3,863,850 shares of the Company’s common stock at a price of $7.00 per share. On October 19, 2017, the Underwriter exercised in full its option to purchase an additional 579,578 shares of the Company’s common stock. The closing of the offering (including the settlement of the additional shares) occurred on October 23, 2017.
The Company did not and will not sell any shares of the Company’s common stock in the offering and did not and will not receive any proceeds from the offering.
The Underwriting Agreement contains representations and warranties and agreements of the Company and the Selling Stockholder that are customary for transactions of this type. The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement. A copy of the Underwriting Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K.
The offer and sale of the shares in the offering was made to the Company’s effective shelf registration statement on Form S-3 (File No. 333-220189) filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 28, 2017 and declared effective on September 8, 2017. A prospectus supplement relating to the offering was filed with the SEC on October 19, 2017.
On October 18, 2017, the Company issued a press release announcing the pricing of the offering. A copy of the press release is furnished herewith as Exhibit 99.1.
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Item 9.01 |
Financial Statements and Exhibits |
(d) Exhibits.
BlueLinx Holdings Inc. ExhibitEX-1.1 2 ex11underwritingagreement.htm EXHIBIT 1.1 Exhibit Exhibit 1.1Underwriting Agreement BlueLinx Holdings Inc. 4,…To view the full exhibit click here
About BLUELINX HOLDINGS INC. (NYSE:BXC)
BlueLinx Holdings, Inc. is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers. The Company distributes products in approximately two categories, such as structural products and specialty products. Structural products include plywood, oriented strand board (OSB), rebar and remesh, lumber and other wood products primarily used for structural support, walls and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, molding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board and metal products (excluding rebar and remesh). It also provides a range of services and solutions, such as intermodal distribution services; inventory stocking, and backhaul services.
