09:11 AM EDT, 09/05/2024 (MT Newswires) -- CSW Industrials ( CSWI ) said Thursday it priced a registered public common stock offering at $285 per share for gross proceeds of about $313.5 million.

The offering, which was upsized to 1.1 million shares from 1 million, is expected to close around Friday.

Underwriters have been granted a 30-day option to buy up to an additional 165,000 common shares.

The company said it will use the net proceeds from the offering to repay debt and for general corporate purposes, including acquisitions.

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