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ARC Group Worldwide Engages Imperial Capital, LLC to Explore Strategic Alternatives

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ARC Group Worldwide, Inc. (OTC PINK:ARCW) has engaged Imperial Capital, LLC as its exclusive financial advisor to explore strategic alternatives aimed at enhancing growth and market position. This decision follows the company's successful restructuring and rebuilding efforts in metal and plastic injection molding over recent years. CEO Jedidiah Rust emphasized the company’s readiness to evaluate new strategies post-restructuring in the advanced manufacturing sector, where ARC has established a strong presence.

Positive
  • Engaged Imperial Capital as exclusive financial advisor for growth strategies.
  • Successful restructuring and rebuilding in core business areas.
  • Strong position in the advanced manufacturing sector.
Negative
  • None.

DELAND, FL / ACCESSWIRE / April 5, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company") announced that they have hired Imperial Capital, LLC ("Imperial Capital"), a full-service Investment Bank, to serve as exclusive financial advisor to explore strategic alternatives for the Company. Imperial Capital has extensive experience advising clients in the Advanced Manufacturing sector. Jedidiah Rust, CEO of ARC said, "After the successful completion of several years of restructuring and rebuilding our core business of metal and plastic injection molding, we are now ready to take the next step for ARC by evaluating strategic alternatives to further bolster our growth and market position."

About ARC Group Worldwide, Inc.
ARC Group Worldwide, Inc. (OTC PINK:ARCW) is a leading global advanced manufacturing service provider. Founded in 1987, the Company offers its customers a compelling portfolio of advanced manufacturing technologies and cutting-edge capabilities to improve the efficiency of traditional manufacturing processes and accelerate their time to market. In addition to being a world leader in metal injection molding, ARC has significant expertise in prototyping, advanced tooling, automation, machining, plastic injection molding, lean manufacturing, and robotics. ARC's mission is to bring innovation and technology to manufacturing. Learn more at www.arcw.com.

Forward-Looking Statements
This release includes certain forward-looking statements and projections. Such statements are subject to risks and uncertainties that could cause results to differ materially from the Company's expectations. While the Company makes these statements in good faith, neither the Company nor its management can guarantee that anticipated future results will be achieved. The Company assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by the Company, whether as a result of new information, future events, or otherwise. All forward-looking statements attributable to the Company or persons acting on the Company's behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Investor Relations
Phone: (303) 467-5236
Email: InvestorRelations@arcw.com

SOURCE: ARC Group Worldwide, Inc.



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https://www.accesswire.com/638984/ARC-Group-Worldwide-Engages-Imperial-Capital-LLC-to-Explore-Strategic-Alternatives

FAQ

What is the recent news about ARC Group Worldwide (ARCW)?

ARC Group Worldwide has hired Imperial Capital to explore strategic alternatives for growth.

Who is advising ARC Group Worldwide on its strategic alternatives?

Imperial Capital, LLC is serving as the exclusive financial advisor.

What sector is ARC Group Worldwide involved in?

ARC Group Worldwide operates in the advanced manufacturing sector.

What has been highlighted by ARC Group's CEO regarding the company's future?

CEO Jedidiah Rust stated the company is ready to evaluate strategic alternatives after successful restructuring.

What is the stock symbol for ARC Group Worldwide?

The stock symbol for ARC Group Worldwide is ARCW.

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Metal Crown, Closure, and Other Metal Stamping (except Automotive)
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