What impact on the stock price will this have ?
Intrepid Potash, Inc. Announces Exercise of Option to Purchase Additional Shares
Wednesday April 23, 9:26 pm ET
DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. (NYSE:
IPI -
News) announced today that the underwriters of its initial public offering exercised their option to purchase an additional 4,500,000 shares of its common stock at $32.00 per share. The option was granted in connection with the company
’s initial public offering of 30,000,000 shares of common stock, which priced on April 21, 2008.