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Warrior Met Coal announces secondary offering of 4 million shares

Warrior Met Coal Inc. announced June 11 that some existing stockholders intend to offer 4 million shares of its common stock in an underwritten secondary offering.

The selling stockholders will receive all of the net proceeds from the offering, the coal producer said in a news release, and Warrior is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in the offering.

The underwriter intends to offer the shares from time to time for sale on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.

Credit Suisse Securities (USA) LLC is acting as the underwriter for the offering.