Hain Celestial sells serious stock

Hain Celestial sells serious stock

Company has been informed of the sale of 3,589,963 shares of common stock by certain selling stockholders.

The Hain Celestial Group Inc. (Nasdaq: HAIN) announced that it has been informed of the sale of an aggregate of 3,589,963 shares of common stock of Hain by certain selling stockholders, including entities related to Carl C. Icahn to Jefferies LLC, as the underwriter in the registered public offering of those shares. No shares of common stock are being sold by Hain and Hain will not receive any proceeds from the offering.

Jefferies LLC proposes to offer for sale the shares of common stock from time to time in one or more transactions on the Nasdaq, 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, subject to receipt and acceptance by them and subject to their right to reject any order in whole or in part.

As a result of the consummation of the announced sale of common stock by the selling stockholders, Mr. Icahn and the entities related to Mr. Icahn will no longer own any shares of common stock of Hain.

 

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