The parent of the Black Diamond and Gregory Mountain Products brands, which only has 57 shareholders currently with Executive Chairman Warren Kanders controlling 29% of the company, intends to sell 7.75 million shares priced at $7.50 per for gross proceeds of approximately $58.1 million. The Utah company is also granting underwriters Piper Jaffray and William Smith & Co. an option to purchase an additional 1,162,500 shares that could gross $8.7 million more in the offering projected to ... Log in to view full article.