SRA plans secondary offering

SRA International Inc. has filed with the Securities and Exchange Commission for a second public offering of its common stock.

The company had its initial public offering last spring. It will offer almost 2.5 million shares, and another 257,000 shares being sold by some stockholders.

According to the company's filing, SRA plans to use the proceeds for general purposes, including working capital and capital expenditures, future acquisitions and investments.

The company declined to discuss the timing of the filing, citing the SEC's required quiet period.

 

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.