Mistras Group files $80 million shelf covering preferreds, debt, stock

By Devika Patel

Knoxville, Tenn., April 15 - Mistras Group, Inc. filed an $80 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, units and warrants, along with 2,764,401 common shares to be offered by selling shareholders.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Based in Junction, N.J., Mistras is a provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.