CAS Simplify China A Shares Plus Income ETF

FRANKLIN PARK, Ill., May 14 /PRNewswire-FirstCall/ -- A. M. CASTLE & CO. (AMEX:CAS) announced today that it has filed a preliminary prospectus supplement with the U.S. Securities and Exchange Commission relating to an underwritten public offering of 4,347,826 shares of its common stock under an effective shelf registration statement. The Company will sell 2,347,826 shares of common stock and selling stockholders will sell an additional 2,000,000 shares of common stock. The underwriters will have an option to purchase up to an additional 652,174 shares of common stock from the Company to cover over-allotments, if any. Net proceeds from the sale of the Company's shares included in this offering will be used to repay a portion of indebtedness under A. M. Castle's senior credit facility. William Blair & Company, L.L.C. and Jefferies & Company, Inc. will act as the joint book-running lead managers for the offering. KeyBanc Capital Markets Inc. and Davenport & Company LLC will serve as co-managers. Copies of the preliminary prospectus supplement and accompanying prospectus with respect to the offering may be obtained from: William Blair & Company, L.L.C. Jefferies & Company, Inc. Prospectus Department Equity Capital Markets 222 West Adams Street 520 Madison Ave. Chicago, IL 60606 New York, NY 10022 About A. M. Castle & Co. Founded in 1890, A. M. Castle & Co. is a global distributor of specialty metal and plastic products and supply chain services, principally serving the producer durable equipment sector of the economy. Its customer base includes many Fortune 500 companies as well as thousands of medium and smaller-sized firms spread across a variety of industries. Within its core metals business, it specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. Through its subsidiary, Total Plastics, Inc., the Company also distributes a broad range of value-added industrial plastics. Together, Castle operates over 60 locations throughout North America and Europe. Its common stock is traded on the American and Chicago Stock Exchange under the ticker symbol "CAS". Safe Harbor Statement / Regulation G Disclosure This release may contain forward-looking statements relating to future financial results. Actual results may differ materially as a result of factors over which the Company has no control. These risk factors and additional information are included in the Company's reports on file with the Securities Exchange Commission. The Company does not take any obligation to update any forward-looking statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock or any other securities, nor will there be any sale of shares of common stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any state or jurisdiction. DATASOURCE: A. M. Castle & Co. CONTACT: Larry A. Boik, Vice President-Finance & CFO of A. M. Castle & Co., +1-847-349-2576, ; or Analyst Contacts: Katie Pyra of Ashton Partners, +1-312-553-6717,

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