MarineMax closes sale of common stock shares

Author:: Trade Only Today Editors
Publish date:: Sep 24, 2009

MarineMax issued 390,000 shares of common stock at a price of $7 per share, for total gross proceeds of about $2.7 million.

The issuance is a result of the full exercise of the over-allotment option to purchase additional shares granted to the underwriter in MarineMax's public offering of 2.6 million shares of common stock announced Sept. 10.

Raymond James & Associates served as the sole underwriter for this offering. The net proceeds will be used for general corporate purposes, which may include debt reduction, according to the company.

Click here to read the full release.

American Magic sets up base in Pensacola, Fla.

Yamaha says the campaign is “designed to generate an emotional response from people who have limited knowledge of fisheries policy.”

Engine builder earns recognition from state of Wisconsin for sustainability.

Depending on the replacement, Ryan Zinke’s departure could leave a void in boating’s agenda with the federal agency.

The first report states that CEOs and other executives remain “overwhelmingly upbeat” in their outlook on business conditions.

Sea Machines Robotics will use the funding to grow its engineering and technology team, and develop new products.

The communications agency will provide public relations for the company’s hydro-pneumatic boat lifts.

The two donate more than $150,000 to the charity.

This was the first year of its Freedom Gives campaign.