Carvana Prices Stock Offering Featured

By Staff Writer April 27, 2018

Carvana Co. announced the upsize and pricing of its follow-on public offering of 11 million shares of its Class A common stock at a price to the public of $27.50 per share.


Carvana is selling 6.6 million shares of Class A common stock and selling stockholders are selling 4.4 million shares of Class A common stock. In addition, a selling stockholder has granted the underwriters the right to purchase up to 1.65 million additional shares of Class A common stock at the offering price.


The offering was upsized from the previously announced offering size of 10 million shares of Class A common stock. The offering is expected to close on April 30, subject to customary closing conditions.

Last modified on Friday, 27 April 2018 12:09

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