Unique Logistics public offering to net at least $35.5M

Unique Logistics files for public offering

Third-party logistics provider Unique Logistics filed Tuesday for a public offering with an estimated deal size of $41 million, according to IPO Pro. Pricing terms of the transaction were not disclosed but the company said it expects to receive net proceeds of $35.5 million without the benefit of a customary 15% over-allotment option.

New York-based Unique Logistics (OTC: UNQL) currently trades over the counter with a market cap of $22.9 million. The proceeds from the deal are expected to be...

https://www.freightwaves.com/news/unique-logistics-public-offering-to-net-at-least-355m

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