Borr Drilling - Second and Final Settlement of US Offering of Common Shares
Hamilton, Bermuda, August 26, 2022: Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) announced today the second and final settlement of its previously announced US public offering of 69,444,444 US common shares of the Company, at a price per share of $3.60 per common share and an additional 6,918,627 common shares for which the underwriters have exercised their option to purchase at the public offering price of $3.60 per share, minus underwriting discounts. The total gross proceeds of the offering, including the option shares, is $275 million. The total number of shares issued