CPI Aerostructures plans to price public offering of common shares

Bookrunner Roth Capital Partners assists; deal funds working capital

By Devika Patel

Knoxville, Tenn., June 7 - CPI Aerostructures, Inc. will price a public offering of common stock with a greenshoe option, according to a prospectus supplement filed Thursday with the Securities and Exchange Commission.

Roth Capital Partners is the bookrunning manager.

Proceeds will be used for working capital and other general corporate purposes.

Edgewood, N.Y.-based CPI Aerostructures produces structural aircraft parts principally for the U.S. Air Force and other branches of the U.S. armed forces.

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