RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. announced today that it plans to commence the roadshow for its proposed initial public offering of 3,077,000 shares of common stock. The initial public offering price is currently expected to be between $12.00 and $14.00 per share. The Company has applied to list its common stock on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “BWMN”. D.A. Davidson & Co. and B. Riley Securities are acting as the joint bookrunners for this proposed offering. Bowman has granted the underwriters a 30-day option to purchase up to an additional 461,550 shares of common stock solely to cover over-allotments, if any.
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is an established professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. With over 750 employees and more than 30 offices throughout the United Sates, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. For more information, visit www.bowman.com.