Amentum Launches Secondary Offering of 19.5 Million Shares

MT Newswires Live03-10

Amentum Holdings (AMTM) said Monday that a secondary offering of about 19.5 million of its common shares has been launched.

in connection with the secondary offering, a Jacobs Solutions (J) unit is expected to exchange about 19.5 million Amentum common shares for debt held by an affiliate of BofA Securities, according to the statement.

Amentum said the selling shareholder plans to sell its Amentum shares to the offering's underwriters if the debt-for-equity exchange is consummated.

Jacobs Solutions will cease to own Amentum shares after the offering's completion, other than shares it could receive upon release of about 9.7 million Amentum shares that are currently in escrow, the company said.

AMTM shares were 7% lower in early trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2518224696?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-10 21:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2518224696","market":"fut","top_or_hot":-1,"title":"Amentum Launches Secondary Offering of 19.5 Million Shares","media":"MT Newswires Live","content":"<html><body><p> Amentum Holdings (AMTM) said Monday that a secondary offering of about 19.5 million of its common shares has been launched.</p><p>in connection with the secondary offering, a Jacobs Solutions (J) unit is expected to exchange about 19.5 million Amentum common shares for debt held by an affiliate of BofA Securities, according to the statement.</p><p>Amentum said the selling shareholder plans to sell its Amentum shares to the offering's underwriters if the debt-for-equity exchange is consummated.</p><p>Jacobs Solutions will cease to own Amentum shares after the offering's completion, other than shares it could receive upon release of about 9.7 million Amentum shares that are currently in escrow, the company said.</p><p>AMTM shares were 7% lower in early trading.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amentum Launches Secondary Offering of 19.5 Million Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmentum Launches Secondary Offering of 19.5 Million Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-10 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Amentum Holdings (AMTM) said Monday that a secondary offering of about 19.5 million of its common shares has been launched.</p><p>in connection with the secondary offering, a Jacobs Solutions (J) unit is expected to exchange about 19.5 million Amentum common shares for debt held by an affiliate of BofA Securities, according to the statement.</p><p>Amentum said the selling shareholder plans to sell its Amentum shares to the offering's underwriters if the debt-for-equity exchange is consummated.</p><p>Jacobs Solutions will cease to own Amentum shares after the offering's completion, other than shares it could receive upon release of about 9.7 million Amentum shares that are currently in escrow, the company said.</p><p>AMTM shares were 7% lower in early trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2518224696","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518224696","pubTimestamp":1741613490,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Amentum Holdings  said Monday that a secondary offering of about 19.5 million of its common shares has been launched.in connection with the secondary offering, a Jacobs Solutions  unit is expected to exchange about 19.5 million Amentum common shares for debt held by an affiliate of BofA Securities, according to the statement.Amentum said the selling shareholder plans to sell its Amentum shares to the offering's underwriters if the debt-for-equity exchange is consummated.Jacobs Solutions will cease to own Amentum shares after the offering's completion, other than shares it could receive upon release of about 9.7 million Amentum shares that are currently in escrow, the company said.AMTM shares were 7% lower in early trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Amentum启动1950万股二次发行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMTM":0.9,"J":0.9},"content_text":"Amentum Holdings (AMTM) said Monday that a secondary offering of about 19.5 million of its common shares has been launched.in connection with the secondary offering, a Jacobs Solutions (J) unit is expected to exchange about 19.5 million Amentum common shares for debt held by an affiliate of BofA Securities, according to the statement.Amentum said the selling shareholder plans to sell its Amentum shares to the offering's underwriters if the debt-for-equity exchange is consummated.Jacobs Solutions will cease to own Amentum shares after the offering's completion, other than shares it could receive upon release of about 9.7 million Amentum shares that are currently in escrow, the company said.AMTM shares were 7% lower in early trading.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2518224696"}