Cadre Holdings Announces Launch of Secondary Offering of Common Stock

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Jun 05, 2023

Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced the commencement of a proposed secondary offering of 1,500,000 shares of the Company’s common stock (the “Offering”) offered by Kanders SAF, LLC (the “Selling Stockholder”), which is a limited liability company wholly-owned by Mr. Warren Kanders, who is the Chairman of the Company’s Board of Directors and the Chief Executive Officer of the Company. The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 225,000 shares of the Company’s common stock.