{"id":519504,"date":"2021-07-28T22:17:16","date_gmt":"2021-07-29T02:17:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/colfax-announces-pricing-of-secondary-offering-of-6544522-shares-of-common-stock\/"},"modified":"2021-07-28T22:17:16","modified_gmt":"2021-07-29T02:17:16","slug":"colfax-announces-pricing-of-secondary-offering-of-6544522-shares-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/colfax-announces-pricing-of-secondary-offering-of-6544522-shares-of-common-stock\/","title":{"rendered":"Colfax Announces Pricing of Secondary Offering of 6,544,522 Shares of Common Stock"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        \n      <\/p>\n<p align=\"justify\">WILMINGTON, DE, July  28, 2021  (GLOBE NEWSWIRE) &#8212; Colfax Corporation (\u201cColfax\u201d or the \u201cCompany\u201d) (NYSE: CFX), a leading diversified technology company, announced today the pricing of an underwritten secondary offering by certain of its stockholders (the \u201cSelling Stockholders\u201d) of 6,544,522 shares of the Company\u2019s common stock at a public offering price of $43.90 per share. The shares are expected to be delivered on or about August 2, 2021, subject to customary closing conditions.<\/p>\n<p align=\"justify\">The Selling Stockholders will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.<\/p>\n<p>Morgan Stanley is acting as sole book-running manager for the offering.<\/p>\n<p align=\"justify\">The offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed by Colfax with the Securities and Exchange Commission (the \u201cSEC\u201d) and was automatically effective upon filing on February 18, 2021. A preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the offering was filed with the SEC and is available on the SEC\u2019s website located at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained, when available, from Morgan Stanley &amp; Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014.<\/p>\n<p align=\"justify\">This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p align=\"justify\">\n        <strong>About Colfax Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">Colfax Corporation is a leading diversified technology company that provides specialty medical technologies and fabrication technology products and services to customers around the world, principally under the DJO and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. The Company uses its Colfax Business System (\u201cCBS\u201d), a comprehensive set of tools, processes and values, to create superior value for customers, shareholders and associates. Colfax\u2019s common stock is traded on the NYSE under the ticker \u201cCFX.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>CAUTIONARY NOTE CONCERNING FORWARD LOOKING STATEMENTS<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements concerning <\/em><br \/>\n        <em>the offering and <\/em><br \/>\n        <em>Colfax\u2019s plans, objectives, expectations and intentions and other statements that are not historical or current fact. Forward-looking statements are based on Colfax\u2019s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax\u2019s results to differ materially from current expectations include, but are not limited to, risks related to the impact of the COVID-19 global pandemic, including <\/em><br \/>\n        <em>the rise, prevalence and severity of variants of the <\/em><br \/>\n        <em>virus, <\/em><br \/>\n        <em>actions by governments, businesses and individuals in response to the situation, such as the scope and duration of the outbreak, the nature and effectiveness of government actions and restrictive measures implemented in response, material delays and cancellations of medical procedures, supply chain disruptions, the impact on creditworthiness and financial viability of customers, and other impacts on Colfax\u2019s business and ability to execute business continuity plans, and the other factors detailed in Colfax\u2019s reports filed with the SEC, including its most recent Annual Report on Form 10-K <\/em><br \/>\n        <em>and subsequent Quarterly Reports on Form 10-Q <\/em><br \/>\n        <em>under the caption \u201cRisk Factors,\u201d as well as the other risks discussed in Colfax\u2019s filings with the SEC. In addition, these statements are based on assumptions that are subject to change. This press release speaks only as of the date hereof. Colfax disclaims any duty to update the information herein.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Contact:<\/strong><br \/>\n        <br \/>Mike Macek<br \/>Vice President, Finance<br \/>Colfax Corporation<br \/>+1-302-252-9129<br \/><u>investorrelations@colfaxcorp.com<\/u><\/p>\n<p>\n        \n      <\/p>\n<p \/>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4ODk4OSM0MzIxMTA5IzIwMTA4Mjg=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/fa1bb6b5-066d-4991-84a4-292906f6c4ad\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) &#8212; Colfax Corporation (\u201cColfax\u201d or the \u201cCompany\u201d) (NYSE: CFX), a leading diversified technology company, announced today the pricing of an underwritten secondary offering by certain of its stockholders (the \u201cSelling Stockholders\u201d) of 6,544,522 shares of the Company\u2019s common stock at a public offering price of $43.90 per share. The shares are expected to be delivered on or about August 2, 2021, subject to customary closing conditions. The Selling Stockholders will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering. Morgan Stanley is acting as sole book-running manager for the offering. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/colfax-announces-pricing-of-secondary-offering-of-6544522-shares-of-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Colfax Announces Pricing of Secondary Offering of 6,544,522 Shares of Common Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-519504","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Colfax Announces Pricing of Secondary Offering of 6,544,522 Shares of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/colfax-announces-pricing-of-secondary-offering-of-6544522-shares-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colfax Announces Pricing of Secondary Offering of 6,544,522 Shares of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) &#8212; Colfax Corporation (\u201cColfax\u201d or the \u201cCompany\u201d) (NYSE: CFX), a leading diversified technology company, announced today the pricing of an underwritten secondary offering by certain of its stockholders (the \u201cSelling Stockholders\u201d) of 6,544,522 shares of the Company\u2019s common stock at a public offering price of $43.90 per share. The shares are expected to be delivered on or about August 2, 2021, subject to customary closing conditions. The Selling Stockholders will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering. Morgan Stanley is acting as sole book-running manager for the offering. 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The shares are expected to be delivered on or about August 2, 2021, subject to customary closing conditions. The Selling Stockholders will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering. Morgan Stanley is acting as sole book-running manager for the offering. 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