Book-Running Manager
Cadre Holdings, Inc.
Equity Capital Markets
Initial Public Offering
Transaction Details
- On November 4, 2021, Cadre Holdings, Inc. (“Cadre” or the “Company”) announced the pricing of its upsized initial public offering of 6,000,000 shares of its common stock at a price to the public of $13.00 per share
- Cadre also granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of its common stock
- The Company’s shares are expected to begin trading on the New York Stock Exchange on November 4, 2021 under the ticker symbol “CDRE"
- Cadre intends to use the net proceeds from the offering to repay outstanding borrowings and for general corporate purposes
About the company
Cadre Holdings, Inc.
Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety and survivability products for first responders. Cadre’s core products include body armor, explosive ordnance disposal equipment, and duty gear. The Company’s highly engineered products are utilized by domestic and international first responders in state and local law enforcement, fire and rescue, explosive ordnance disposal, emergency medical technicians, as well as numerous federal agencies and foreign government agencies in 104 countries. Cadre’s key brands include Safariland® and Med-Eng®, amongst others.
Sources: Company filings and press release
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The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from Stephens Inc.’s Equity Syndicate Desk, at Stephens Inc., 111 Center Street, Little Rock, AR 72201, ATTN: Equity Syndicate Desk, or from the Securities and Exchange Commission’s website at www.sec.gov at the following link:
https://www.sec.gov/Archives/edgar/data/0001860543/000110465921131977/tm2115376-30_s1a.htm as supplemented by https://www.sec.gov/Archives/edgar/data/0001860543/000110465921133928/tm2131917d1_s1mef.htm. A registration statement relating to these securities has been filed with the Securities and Exchange Commission. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective date. -
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