Vector Group Announces Pricing of Public Offering of 5,000,000 Shares of Common Stock

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May 14, 2020
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Vector Group Ltd. (NYSE: VGR) today announced the pricing of its underwritten public offering (the “Offering”) of 5,000,000 shares of its common stock. In addition, Vector Group has granted the underwriter a 30-day option to purchase up to an additional 750,000 shares of Vector Group’s common stock at the Offering price. Vector Group currently intends to use the net proceeds from the Offering for general corporate purposes. The Offering is expected to close on May 18, 2020, subject to customary closing conditions.