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Atlas reports plans to price $30 million public offering of its shares
Company offers its stock through bookrunner Sandler O'Neill + Partners
By Devika Patel
Knoxville, Tenn., May 13 - Atlas Financial Holdings, Inc. said it plans a $30 million public offering of ordinary shares with a $4.5 million greenshoe.
Sandler O'Neill + Partners, LP is the bookrunner. Janney Montgomery Scott LLC and Sterne, Agee & Leach, Inc. are the co-managers.
Proceeds will be used for general corporate purposes, including business expansion, working capital and possible acquisitions.
The financial services holding company is based in Elk Grove Village, Ill.
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