Proficient Auto Logistics, Inc. (PAL)

Proficient Auto Logistics Announces Pricing of Initial Public Offering

JACKSONVILLE, Fla., May 09, 2024--Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the "Company") today announced the pricing of its initial public offering of 14,333,333 shares of its common stock at a public offering price of $15.00 per share, for total gross proceeds of approximately $215.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the common stock is being offered by the Company. The underwriters will have a