New Issue: Graham settles $3.57 million direct placement of stock

By Sheri Kasprzak

New York, Nov. 23 - Graham Corp. said it closed a $3,568,428 direct stock offering.

The company issued 198,246 shares at $18.00 each.

The shares were sold under the company's shelf registration.

Based in Batavia, N.Y., Graham manufactures ejectors, pumps, condensers and vacuum systems used in heat transfer technologies.

Issuer:	Graham Corp.
Issue:	Stock
Amount:	$3,568,428
Shares:	198,246
Price:	$18.00
Warrants:	No
Settlement date:	Nov. 23
Stock price:	$19.50 at close Nov. 22

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