Secondary Stock Offerings
By The Online Investor Staff, updated Mon., Oct. 14, 8:44 AM
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Slide #3. The Simply Good Foods Company — Secondary Offering
Company:
The Simply Good Foods Company (NASDAQ:SMPL)
Date announced:
10/7/2019
Shares Offered:
13,379,205
Secondary Offering Details:
The Simply Good Foods Company (Nasdaq: SMPL) (the "Company"), a developer, marketer and seller of branded nutritional foods and snacking products, announced today that it intends to offer in an underwritten public offering 13,379,205 shares of the Company's common stock (the "Offering").
Simply Good Foods is a developer, marketer and seller of nutritional foods and snacking products. Its product portfolio, which is marketed under the Atkins®, SimplyProtein®, Atkins Harvest Trail and Atkins Endulge® brand names, consists primarily of: nutrition bars, which provide Atkins Meal Bars and Atkins Snack Bars, and SimplyProtein bars and bites through its subsidiaries; ready-to-drink shakes, which contain protein, as well as other vitamins and minerals; and snacks and confectionery, which provide a variety of different Treats, such as peanut butter cups and pecan caramel clusters products. Through third-party partnerships, Co. provides complementary Atkins branded frozen meals.
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Avg. Broker Rec.
 
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Strong Buy (3.50 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
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