8-KCurrent report
Material agreement
✓ VerifiedGraham Corporation raised $50 million in a PIPE with accounts advised by T. Rowe Price, selling 599,808 shares, approximately 5% of the company, at $83.36 per share.
3.02 Unregistered equity sales7.01 Reg FD disclosure
Filed Apr 15, 2026 · 07:40 ET
Summary
- The securities purchase agreement, dated April 14, 2026, covers 599,808 shares at $83.36 for gross proceeds of $50 million, closing on or about April 16.
- The price is based on the 20-day average closing price on the NYSE as of April 13, 2026.
- The company agreed to registration rights and intends to use proceeds to strengthen the balance sheet for growth investment.
Key facts
- PIPE
- $50 million at $83.36
From the filing for PIPE
“sell an aggregate of 599,808 shares of its common stock, par value $0.10 per share (the "Shares") for $83.36 per share for aggregate gross proceeds of $50 million (the "PIPE")”
Why it mattersA marquee institutional investor funding a defense-and-space supplier at market price is a demand marker in itself.
- Filed
- Apr 15, 2026
- Accepted
- 2026-04-15 11:40Z
- Period
- Apr 14, 2026
- Accession no.
- 0001193125-26-155977
- Size
- 519 KB
- Index
- Filing index