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Baker Street Capital Management, Stone House Capital Management Sell...
2015-05-22 06:17:53| Trucking - Topix.net
In a secondary public offering, two shareholders of USA Truck, Inc. sold an aggregate of 2.0 million shares at $20.00 per unit As the investors disclosed in their filings, Vadim Perelman's Baker Street Capital Management sold 1.40 million shares of the company and Mark Cohen's Stone House Capital sold 600,000 shares. In this way, Baker Street sold its entire stake, and Mr. Perelman resigned from USA Truck's board of directors, while Stone House held 1.55 million shares prior to the offering, representing 14.6% of the outstanding stock.
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