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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Tue., Oct. 25, 3:02 PM

Slide #7. Fairmount Santrol Secondary Offering

Company: Fairmount Santrol (NYSE:FMSA)
Date announced: 10/19/2016
Shares Offered: 30,250,000
Date of Pricing: 10/19/2016
Price Per Share: $10.21
Secondary Offering Details: Fairmount Santrol (NYSE:FMSA), a leading provider of high-performance sand and sand-based products, today announced that it has commenced an underwritten public offering of 28,000,000 shares of Fairmount Santrol common stock. The underwriter will be granted a 30-day option to purchase up to an additional 4,200,000 shares of common stock. -updated 10/19- Fairmount Santrol (NYSE:FMSA), a leading provider of high-performance sand and sand-based products, today announced the pricing of its underwritten public offering of 30,250,000 shares of Fairmount Santrol common stock, upsized from 28,000,000 shares of common stock, for total gross proceeds of approximately $285.9 million before deducting underwriting commissions and estimated offering expenses. The underwriter will be granted a 30-day option to purchase up to an additional 4,537,500 shares of common stock. The underwriter may offer the shares from time to time in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The offering is expected to close on October 25, 2016, subject to customary closing conditions.

Fairmount Santrol Holdings is a supplier of sand-based proppant solutions used by oilfield service and exploration and production companies. Co. has approximately 80 customers for its oil and gas proppants and nearly 850 customers across all end markets. Co.'s asset base includes 798.0 million tons of proven and probable mineral reserves, 11 sand processing facilities with 14.8 million tons of annual sand processing capacity. Co.'s also has 10 coating facilities with 2.3 million tons of annual coating capacity include operations in Mexico, Denmark and China, through which Co. serves international oil and gas markets.

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Company Name:  Fairmount Santrol Holdings Inc
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding FMSA:  22
Total Market Value Held by ETFs:  $36.27M
Total Market Capitalization:  $1.80B
% of Market Cap. Held by ETFs:  2.02%

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October 25, 2016    3:02 PM Eastern
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