04:19 AM EST, 02/12/2025 (MT Newswires) -- Zurn Elkay Water Solutions ( ZWS ) said late Tuesday it priced an underwritten public offering of about 7.8 million of its common shares launched by former stockholder Ice Mountain at $35 apiece.

The company has granted the underwriters a 30-day option to buy up to an additional 1.2 million of its common shares from Ice Mountain, it added.

Zurn Elkay said it intends to close the offering around Thursday, adding that it will not receive any net proceeds from the offering but has agreed to buy roughly $55 million of its common shares from the underwriters.