Limoneira nets $64.5 million in public stock offering

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Limoneira nets $64.5 million in public stock offering

By Staff Report / Tuesday, June 26th, 2018 / Comments Off on Limoneira nets $64.5 million in public stock offering

Limoneira closed a public stock offering June 25, bringing in estimated net proceeds of $64.5 million. The Santa Paula-based agribusiness sold more than 3.13 million shares of common stock for $22 per share. Underwriters also exercised options to purchase 409,090 shares at the price, for total gross proceeds of around $69 million. The capital will…

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