Skip to main content

MarineMax closes sale of common stock shares

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.

Related

Mercury Introduces Joystick Piloting for Single-Outboard Pontoons

Only previously available on multi-outboard boats, joystick piloting now will be offered for single-outboard pontoon boats.

U.S. and U.K. to Discuss Retaliatory Tariffs on U.S. Boat Imports.

The nations plan to negotiate retaliatory tariffs on U.S.-made boats entering the United Kingdom.

Limestone Boat Company Launches the L-200R

The company also announces the release of an electric outboard roadmap and the availability of Aquasport boats in Canada.

A Tax Incentive for Innovation

A deep dive into the research and development tax credit usually yields savings

ABYC Reschedules Meetings

Postponed due to Covid, the annual meeting goes virtual in February, and the Marine Law Symposium moves to April in Providence, R.I.

Daiwa Appoints Marketing Manager

Marc Mills will handle marketing efforts for North American and South American markets.

VIP Access Available for MIBS

The tickets include admission to the VIP lounges at One Herald Plaza and the Miami Beach Convention Center, along with other perks.

South Fork Wind Farm Gets EPA Approval

The Clean Air Act permit contains pollution control requirements for the construction and operation of the wind farm, which will be located southwest of Martha’s Vineyard.