BrightView (BV) said Thursday that it priced an underwritten secondary offering of 11.6 million shares by a selling stockholder affiliated with KKR (KKR).
The offering was upsized from 10 million common shares and is expected to close on Friday, the company said.
BrightView said it is not selling any shares and all the proceeds from this offering will go to the selling stockholder.
Shares of BrightView were down 1.4% in recent premarket activity Thursday.
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