RHK Capital Manages Ampco-Pittsburgh’s $19.3M Public Rights Offering to Stockholders
Olshan Frome Wolosky LLP acted as counsel to Advisory Group Equity Services, Ltd. dba RHK Capital, as dealer-manager, in the $19.3 million rights offering by Ampco-Pittsburgh Corp. of units consisting of shares of common stock and series A warrants to its participating stockholders. Ampco-Pittsburgh manufactures and sells highly engineered, high performance specialty metal products and customized equipment utilized by industrial firms around the world. Its shares are traded on the New York Stock Exchange.
Richard H. Kreger, senior managing director of RHK Capital, is widely considered by issuers to be “one of the best rights offering bankers around.” The Olshan team has worked with Mr. Kreger on structuring rights offerings since 2015.
The Olshan team was led by corporate partner Spencer G. Feldman and included corporate partner Kenneth A. Schlesinger and corporate associate Scott J. Kilian-Clark.