Lake Street News

December 8, 2022

Transaction - Chart Industries, Inc. $700,000,000 Follow-on

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Lake Street is pleased to announce that it served as co-manager for Chart Industries, Inc. (NYSE:GTLS) in its concurrent offerings (together, the “Offerings”) of 5,923,670 shares of common stock at a public offering price of $118.17 per share and 7,000,000 depositary shares at a public offering price of $50.00 per share, each in a separate underwritten registered public offering. Chart intends to use the proceeds from the Offerings to fund in part the previously announced acquisition of Howden from affiliates of KPS Capital Partners, LP (the “Acquisition”) by reducing the amount of Series A Cumulative Participating Convertible Preferred Stock (“Series A Preferred Stock”) to be issued to Granite Holdings I B.V., a Dutch private limited liability company, under the equity purchase agreement in connection with the Acquisition.

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