Warren, MI – August 15, 2013 – Universal Truckload Services, Inc. (NASDAQ: UACL) announced today a public offering of 1,000,000 shares of common stock, of which 975,000 are being offered by a selling stockholder and 25,000 are being offered by the Company. The selling stockholder has also granted the underwriters an option to purchase up to 150,000 additional shares of common stock. The Company will not receive any of the proceeds from the offering of shares by the selling stockholder, and will use the net proceeds from its offering of common stock to pay associated offering expenses.
Universal Announces Public Offering of Common Stock
Warren, MI – August 15, 2013 – Universal Truckload Services, Inc. (NASDAQ: UACL) announced today a public offering of 1,000,000 shares of common stock, of which 975,000 are being offered by a selling stockholder and 25,000 are being offered by the Company. The selling stockholder has also granted the underwriters an option to purchase up … Read more