NV5 Announces Closing of Underwritten Public Offering of Common Stock

8/13/18

HOLLYWOOD, Fla., Aug. 13, 2018 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, today announced the closing of a $115.4 million underwritten public offering of 1,460,500 shares of its common stock, including 190,500 shares sold by the selling stockholder named in the prospectus supplement upon the exercise in full of the underwriters’ option to purchase additional shares, at a price of $79.00 per share. After the underwriting discount and estimated offering expenses payable by the Company, NV5 expects to receive net proceeds of approximately $93.5 million in respect of primary shares sold in the offering.

BofA Merrill Lynch and Roth Capital Partners acted as joint book-running managers for the offering.

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure, engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and in Macau, Hong Kong and the UAE.