HILLMAN SOLUTIONS CORP Stock Price, News & Analysis

Hillman Solutions Corp. has opened a new distribution hub in Belton, Missouri, relocating from Rialto, California. The facility, covering approximately 305,000 square feet, fulfilled its first shipment on April 3, 2023. This central location enables Hillman to reach 85% of the U.S. population within one to two business days, enhancing logistics and customer service for over 40,000 retail locations. The move is expected to create 120 new jobs in Belton and capitalize on Missouri's strategic advantages, including low business costs and strong infrastructure. The facility is 600 miles from over 135 million potential customers, positioning Hillman for accelerated growth.

Hillman Solutions Corp. (Nasdaq: HLMN) has announced plans to host a conference call on May 9, 2023, at 8:30 a.m. Eastern Time to discuss its results for the thirteen weeks ending April 1, 2023. This earnings release will be issued on the same day. The call will be led by Chairman and CEO Doug Cahill and CFO Rocky Kraft. Analysts wishing to participate in the live Q&A must register in advance. The earnings release, quarterly presentation, and 10-Q will be filed with the SEC and available on Hillman's investor relations website prior to the call.

Founded in 1964, Hillman is a leading provider of hardware solutions for over 40,000 locations across North America, emphasizing customer service and efficient distribution.

Hillman Solutions Corp. (Nasdaq: HLMN) has successfully closed its underwritten public offering of 28,750,000 shares of common stock, including 3,750,000 shares from the exercise of the underwriters’ option. The shares were sold at a price of $8.00 each, but the company did not receive any proceeds, as the offering was conducted by selling stockholders. Jefferies and Baird led the offering, with several other firms participating as joint managers. The offering was registered under SEC regulations, making necessary documentation available to the public. Hillman continues to provide diverse hardware solutions across North America.

Hillman Solutions Corp. (HLMN) has announced an upsized underwritten public offering of its common stock, increasing the size from 24 million to 25 million shares, priced at $8.00 per share. This offering is led by funds affiliated with CCMP Capital Advisors and is expected to close around March 3, 2023. Additionally, underwriters have a 30-day option to buy up to 3.75 million additional shares. The Company will not receive any proceeds from this offering, as the shares are being sold by existing stockholders. Jefferies and Baird are the lead book-running managers, with other co-managers involved in the transaction.

Hillman Solutions Corp. (HLMN) announced an underwritten public offering of 24 million shares of its common stock, entirely from funds affiliated with CCMP Capital Advisors. The underwriters have a 30-day option to purchase an additional 3.6 million shares. Hillman will not receive any proceeds as the offering consists solely of shares sold by the selling stockholders. Jefferies and Baird are leading the offering, which is registered with the SEC. Investors are advised to review the available prospectus for detailed information.