Concrete Pumping Holdings: Falls after proposed exchange offer

Concrete Pumping Holdings

02/04/2019 16:52

** Concrete pumping services provider's shares  BBCP.O  fall
as much as 19.7 pct to $7.23; stock among top pct losers on the
Nasdaq as it remains on track for biggest intraday pct loss
    ** Files for offering http://bit.ly/2uFFJp6 of up to $115
mln of common stock 
    ** Says offering up to an aggregate of 6.55 mln shares of
its common stock in exchange for its warrants  urn:newsml:reuters.com:*:nGNX6qrb8N
    ** BBCP, with a market cap of about $259.6 mln, had 28.8 mln
shares outstanding as March 14 
    ** Up to Monday's close, stock had risen 9.4 pct YTD

 (Reporting by Ankit Ajmera in Bengaluru)
 ((Reuters Messaging:
ankit.ajmera.thomsonreuters.com@reuters.net))