Array Technologies, Inc. Announces Launch of Secondary Offering of 25 Million Shares

Nov 30, 2020

ALBUQUERQUE, N.M., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced that a parent entity of the Company controlled by Oaktree Capital (the “Selling Stockholder”) has commenced an underwritten public offering of 25,000,000 shares of the Company’s common stock pursuant to a registration statement filed with the Securities and Exchange Commission. Additionally, the Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of the Company’s common stock. The Company's common stock is listed on the Nasdaq Global Market under the symbol "ARRY."

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