SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) Files An 8-K Other EventsITEM 8.01 – Other Events.
SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) Files An 8-K Other Events
As previously disclosed on the Current Report on Form 8-K filed by the Company on April 12, 2017, on April 5, 2017, Schneider National, Inc., a Wisconsin corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC, UBS Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the several underwriters listed in Schedule II thereto (the “Underwriters”), and the selling stockholders listed in Schedule I thereto (the “Selling Stockholders”), relating to an underwritten initial public offering of 28,947,000 shares of Class B common stock of the Company, no par value, sold by the Company and the Selling Stockholders. to the Underwriting Agreement, the Company granted the Underwriters the option to purchase up to 4,342,000 additional shares of Class B common stock of the Company from the Company (the “Over-Allotment Option”). The Underwriters exercised the Over-Allotment Option to purchase 3,303,000 shares of Class B Common Stock (the “Over-Allotment Shares”) from the Company. The sale of the Over-Allotment Shares closed on May 10, 2017.
About SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI)
National CineMedia, Inc. (NCM, Inc.) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements. It is engaged in the sale of advertising to national, regional and local businesses in First Look, its cinema advertising and entertainment pre-show seen on movie screens across the United States It also sells advertising on its Lobby Entertainment Network (LEN), a series of screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. The Company sells online and mobile advertising through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater. In-theater advertising and entertainment content is distributed across NCM LLC’s national theater network. SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) Recent Trading Information
SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) closed its last trading session down -0.15 at 8.33 with 1,474,842 shares trading hands.
National CineMedia, Inc. (NCM, Inc.) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements. It is engaged in the sale of advertising to national, regional and local businesses in First Look, its cinema advertising and entertainment pre-show seen on movie screens across the United States It also sells advertising on its Lobby Entertainment Network (LEN), a series of screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. The Company sells online and mobile advertising through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater. In-theater advertising and entertainment content is distributed across NCM LLC’s national theater network. SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) Recent Trading Information
SCHNEIDER NATIONAL, INC. (NASDAQ:NCMI) closed its last trading session down -0.15 at 8.33 with 1,474,842 shares trading hands.
