Blue Bird Announces Launch of Secondary Public Offering

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Jun 05, 2023

Blue Bird Corporation (“Blue Bird” or the “Company”) (Nasdaq: BLBD), a leader in electric and low-emission school buses, announced today that affiliates of Coliseum Capital Management LLC and American Securities LLC (the “Selling Stockholders”) intend to offer 5,000,000 shares of Blue Bird’s common stock, par value $0.0001 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions.