Ryman Hospitality sells 2.6 million shares at $96.20 for about $275 million net
Ryman Hospitality Properties sold 2.6 million new common shares at $96.20 each under an underwriting agreement dated May 19, 2025. The underwriters exercised in full their option to buy 390,000 additional shares on May 20, and the offering closed May 21 with net proceeds of approximately $275 million. The sale adds new shares to the company's common stock, and the filing does not state how the proceeds will be used.
Key points
- Company issued 2,600,000 common shares at $96.20 per share, before underwriting discounts, in a registered public offering.
- Underwriters exercised their 30-day option for 390,000 additional shares in full on May 20, 2025.
- Offering closed May 21, 2025, with net proceeds of approximately $275 million after underwriting discounts and estimated expenses.
- Morgan Stanley & Co. LLC, BofA Securities, Inc. and J.P. Morgan Securities LLC acted as representatives of the underwriters.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.