Ecovyst Announces Upsize and Pricing of Secondary Offering of 17,500,000 Shares of Common Stock by Selling Stockholders and Repurchase of Common Stock

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Nov 15, 2022

Ecovyst Inc. (NYSE: ECVT) (the “Company”) today announced the upsize and pricing of the previously announced underwritten public offering (the “Offering”) by funds affiliated with CCMP Capital Advisors, LP (the “Selling Stockholders”). The size of the Offering increased from the previously announced 16,000,000 shares to an aggregate of 17,500,000 shares of the Company’s common stock at a price to the public of $8.25 per share. The Offering is expected to close on November 17, 2022, subject to customary closing conditions. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to 2,625,000 additional shares at the public offering price less underwriting discounts and commissions.