DealsJun 18, 2026, 08:06 AM
Commercial Vehicle Group to Sell Up to $25M in Stock via JonesTrading
AI Summary
Commercial Vehicle Group, Inc. has entered into a Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC, allowing for the potential sale of up to $25,000,000 of its common stock. The sales agent will facilitate "at the market" offerings, earning a commission of up to 3.0%. The company retains the flexibility to not sell any shares and can suspend the program at any time. This offering is being made under the company's effective registration statement on Form S-3.
Key Highlights
- Commercial Vehicle Group, Inc. entered into a Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC.
- The agreement allows for the offering and sale of up to $25,000,000 of the Company's Common Stock.
- JonesTrading will act as the sales agent, earning a commission of up to 3.0% of gross sales.
- Sales will be conducted through "at the market" offerings as defined by Rule 415(a)(4) under the Securities Act.
- The Company is not obligated to sell any shares and can suspend solicitations at any time.
Price Impact
More from CVGI