Ecovyst Inc. (NYSE: ECVT) has announced that INEOS Limited intends to offer for sale 14,000,000 shares of the Company’s common stock, pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission. In addition, the Selling Stockholder intends to grant the underwriter a 30-day option to purchase up to an aggregate of 2,100,000 additional shares of the Company’s common stock.
J.P. Morgan is serving as the sole underwriter for the Offering.
Latham & Watkins advised J.P. Morgan in the offering, with a capital markets team led by Washington, D.C./New York partner Jason Licht and Washington, D.C. counsel Jess Lennon, with associate Gary DePalo. Advice was also provided on FINRA matters by New York counsel Gail Neely; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Eni Kassim; on employment/benefits matters by Washington, D.C. partner Matthew Conway, with associate Ashlie Lawton; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with New York associate Pelin Serpin; on environmental matters by Washington, D.C. partner Stacey VanBelleghem, with associate Peter Viola; on data privacy matters by Bay Area partner Robert Blamires, with Boston associate Kiara Vaughn; on sanctions matters by Washington, D.C. counsel Andrew Galdes, with associate Elizabeth Annis; and on FCPA matters by Washington, D.C. partner Joseph Bargnesi.