Warrior Met Coal’s Secondary Public Offering of 8 Million Shares, Including Repurchase of 500,000 Shares


Akin Gump advised Warrior Met Coal and certain selling stockholders in the underwritten offering and share repurchase.

Warrior Met Coal, Inc. has announced the closing of its previously announced underwritten secondary offering of 8 million shares of its common stock by certain of its existing stockholders on May 10. Warrior Met Coal repurchased 500,000 shares of its common stock from the underwriter.

Warrior Met Coal, Inc. provides coal mining services. The Company, led by Walter J Scheller III, Dale W Boyles and Jack K Richardson, produces and exports metallurgical coal for the steel industry. In 2017 Warrior Met Coal, Inc. recorded $1.169 Billion Revenues.

Partner Rosa Testani (Picture) led the Akin Gump team advising Warrior Met Coal with regard to capital markets work. She was joined by partners Shar Ahmed and Alice Hsu and counsel Alexandra Reuss. Partner Daniel Fisher led on corporate matters. Tax practice co-head Patrick Fenn led the team providing tax advice. He was joined by senior counsel Jonathan Ciner.

Involved fees earner: Rosa Testani – Akin Gump; Shar Ahmed – Akin Gump; Alice Hsu – Akin Gump; Alexandra Reuss – Akin Gump; Daniel Fisher – Akin Gump; Patrick Fenn – Akin Gump; Jonathan Ciner – Akin Gump;

Law Firms: Akin Gump;

Clients: Warrior Met Coal Inc.;

Author: Ambrogio Visconti