Blue Bird Announces Pricing of Secondary Public Offering

Author's Avatar
Jun 08, 2023

Blue Bird Corporation (“Blue Bird” or the “Company”) (Nasdaq: BLBD), a leader in electric and low-emission school buses, announced today the pricing of an underwritten secondary public offering by certain stockholders of Blue Bird (the “Selling Stockholders”) of 4,500,000 shares of Blue Bird’s common stock, par value $0.0001 per share (the “Common Stock”), at a price to the public of $20.00 per share. The offering is expected to close on June 12, 2023, subject to the satisfaction of customary closing conditions. The offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.