In a release issued under the same headline earlier
today by Daseke, Inc. (NASDAQ:DSKE) the number of shares mentioned
in the first paragraph were incorrect. The corrected release
follows.
Daseke, Inc. (NASDAQ:DSKE) (“Daseke” or the
“Company”) today announced the commencement of an underwritten
public offering of 7,420,000 shares of its common stock by the
Company and 80,000 shares of its common stock by one of the
Company’s stockholders. The Company intends to grant the
underwriters a 30-day option to purchase up to an additional
1,125,000 shares of common stock from the Company.
Cowen and Company, LLC and Stifel, Nicolaus & Company,
Incorporated are acting as the joint book-running managers for the
offering, Craig-Hallum Capital Group LLC is acting as lead manager
for the offering and Northland Capital Markets is acting as
co-manager for the offering.
The Company expects to use the net proceeds from the offering
for general corporate purposes, which may include, among other
things, working capital, capital expenditures, debt repayment or
refinancing or the financing of possible future acquisitions. The
Company will not receive any of the proceeds from the sale of the
shares of common stock by the selling stockholder.
The offering is being made pursuant to effective shelf
registration statements filed with the Securities and Exchange
Commission (the “SEC”). The offering may be made only by means of a
prospectus supplement and the accompanying prospectuses, copies of
which may be obtained by sending a request to:
(i) Cowen and Company, LLC, c/o Broadridge Financial
Services, Attn: Prospectus Department, 1155 Long Island Avenue,
Edgewood, NJ 11717, or by telephone at (631) 274-2806, or by email
at PostSaleManualRequests@broadridge.com; or(ii) Stifel,
Nicolaus & Company, Incorporated, Attn: Syndicate Department, 1
South Street, 15th Floor, Baltimore, MD 21202, or by telephone at
(855) 300-7136, or by email at syndprospectus@stifel.com.
These documents may also be obtained on the SEC’s website at
http://www.sec.gov.
This news release is for informational purposes only and shall
not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities, in any state
or jurisdiction in which such offer, solicitation or sale of these
securities would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
About DasekeDaseke, Inc. is a leading
consolidator and the largest owner of flatbed and specialized
transportation solutions in North America. Daseke offers
comprehensive, best-in-class services to some of the world’s most
respected industrial shippers through experienced people,
approximately 5,200 tractors, approximately 11,000 flatbed and
specialized trailers, and a million-plus square feet of industrial
warehousing space.
Forward‐Looking
StatementsThis news release includes “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of words
such as “may,” “will,” “expect,” “anticipate,” “continue,”
“estimate,” “project,” “believe,” “plan,” “should,” “could,”
“would,” “goals” or other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. All statements, other than statements of
historical fact, are forward-looking statements. These
forward-looking statements are based on current information and
expectations, forecasts and assumptions, and involve a number of
judgments, risks and uncertainties. Accordingly, forward-looking
statements should not be relied upon as representing our views as
of any subsequent date, and we do not undertake any obligation to
update forward-looking statements to reflect events or
circumstances after the date they were made, whether as a result of
new information, future events or otherwise, except as may be
required under applicable securities laws. You should not place
undue reliance on these forward-looking statements. As a result of
a number of known and unknown risks and uncertainties, actual
results or performance may be materially different from those
expressed or implied by these forward-looking statements. Some
factors that could cause actual results to differ include, but are
not limited to, general economic and business risks, driver
shortages and increases in driver compensation or owner-operator
contracted rates, loss of senior management or key operating
personnel, our ability to recognize the anticipated benefits of
recent acquisitions, our ability to identify and execute future
acquisitions successfully, seasonality and the impact of weather
and other catastrophic events, fluctuations in the price or
availability of diesel fuel, increased prices for, or decreases in
the availability of, new revenue equipment and decreases in the
value of used revenue equipment, our ability to generate sufficient
cash to service all of our indebtedness, restrictions in our
existing and future debt agreements, increases in interest rates,
changes in existing laws or regulations, including environmental
and worker health and safety laws and regulations, the impact of
governmental regulations and other governmental actions related to
the Company and its operations, litigation and governmental
proceedings, and insurance and claims expenses. For additional
information regarding known material factors that could cause our
actual results to differ from those expressed in forward-looking
statements, please see our filings with the SEC, available at
www.sec.gov, including Hennessy Capital Acquisition Corp. II’s
definitive proxy statement dated February 6, 2017, particularly the
section “Risk Factors—Risk Factors Relating to Daseke’s Business
and Industry,” and Daseke’s Current Report on Form 8-K/A, filed
with the SEC on March 16, 2017, and amended on May 4, 2017.
Daseke Contacts:
Media:Matt Maurel, 512-387-3604matt@anthonybarnum.com
or
Investor Relations:Geralyn DeBusk,
972-458-8000Daseke@HalliburtonIR.com
Daseke (NASDAQ:DSKEW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Daseke (NASDAQ:DSKEW)
Historical Stock Chart
From Sep 2023 to Sep 2024