U.S. Silica Holdings, Inc. (NYSE:SLCA) today announced the commencement of an underwritten public offering of 4,526,471 shares of U.S. Silica common stock by GGC USS Holdings, LLC, an affiliate of Golden Gate Capital. Upon completion of the offering, GGC USS Holdings, LLC will no longer own any U.S. Silica common stock. U.S. Silica will not receive any proceeds from the offering. The total number of U.S. Silica shares of common stock outstanding will not change as a result of the offering.
U.S. Silica Holdings produces and sells a range of commercial silica products, including whole grain and ground products, and other industrial mineral products. Co. sells whole grain commercial silica products in a range of shapes, sizes and purity levels. Co. markets its ground silica in sizes ranging from 40 to 250 microns for use in plastics, rubber, polishes, cleansers, paints, glazes, textile fiberglass and precision castings. Co. also provides ground silica in sizes ranging from five to 40 microns for use in paints, coatings, sealants, silicone rubber and epoxies. Co. also provides certain other industrial mineral products such as aplite, calcined kaolin clay and magnesium silicate.
Open the SLCA Page at The Online Investor »
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20
minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.