RealD (RLD) Commences 7.82M Common Offering for Selling Shareholders
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RealD Inc. (NYSE: RLD) announced that they are commencing a 7,815,001 common stock offering on behalf of selling shareholders.
The selling stockholders are expected to grant the underwriters a 30-day option to purchase an additional 1,172,250 shares of common stock to cover over-allotments, if any.
J.P. Morgan Securities LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C. is acting as co-lead manager, and Stifel Nicolaus Weisel and BMO Capital Markets Corp. are acting as co-managers.
The selling stockholders are expected to grant the underwriters a 30-day option to purchase an additional 1,172,250 shares of common stock to cover over-allotments, if any.
J.P. Morgan Securities LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C. is acting as co-lead manager, and Stifel Nicolaus Weisel and BMO Capital Markets Corp. are acting as co-managers.
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