03:47 AM EDT, 03/14/2024 (MT Newswires) -- Ichor Holdings ( ICHR ) said late Wednesday it priced an underwritten public offering of about 3.3 million ordinary shares at $37.50 per share.

Underwriters have been granted a 30-day option to purchase up to 500,000 additional shares.

Net proceeds will be used for debt repayments and for general corporate purposes, the company said.

Closing of the offering is expected to occur on March 18, subject to customary closing conditions.

Price: 37.61, Change: -0.13, Percent Change: -0.34