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GrafTech Launches $50 Million At-the-Market Equity Program With Evercore
- GrafTech entered a new Equity Distribution Agreement with Evercore to sell up to $50 million of common stock via an at-the-market offering.
- Evercore will act as sales agent and earn a commission of up to 3.0% of gross proceeds.
- The program may be terminated at any time and GrafTech has no obligation to issue shares.
- Net proceeds will be used for general corporate purposes, including operations and refinancing.
- The agreement was signed on May 29, 2026, and has a termination-at-will framework.
- GrafTech cited liquidity enhancement and funding for general corporate purposes as reasons for the program.
- The summary notes the announcement is AI-powered and should be verified with the SEC filing.
- Evercore is named as the sales agent for the equity distribution agreement.
- GrafTech’s use of proceeds includes capital spending and strategic opportunities.
- The program is an at-the-market offering of GrafTech common stock.
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