Bowman Reaffirms Guidance for Full Year 2021 and Announces Filing of Registration Statement for Proposed Follow-on Public Offering

Feb 01, 2022

Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman”), a national engineering services firm supporting owners and developers of the built environment, announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed follow-on public offering of 1,776,650 shares of its common stock along with 406,100 shares of its common stock being sold by certain existing stockholders of Bowman. Bowman has granted the underwriters a 30-day option to purchase up to an additional 15% of shares of the total common stock sold in the offering at the offering price, less underwriting discounts, and commissions, to cover over-allotments, if any.

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