Ducommun (DCO) Prices 2M Share Offering at $40/sh

Ducommun Incorporated (NYSE: DCO) today announced the pricing of its public offering of 2,000,000 shares of common stock (the “Offering”) at $40.00 per share for net proceeds of approximately $74.4 million, after giving effect to the underwriting discount and commission but before estimated expenses payable by the Company. Ducommun has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of its common stock. The closing of the Offering is expected to occur on May 18, 2023, subject to the satisfaction of customary closing conditions.

Ducommun intends to use the net proceeds from the Offering to repay indebtedness under its revolving credit facility that was used to finance its acquisition of BLR Aerospace L.L.C.

Goldman Sachs & Co. LLC, Citigroup, RBC Capital Markets, LLC and B. Riley Securities are acting as joint book-running managers and as representatives of the underwriters for the Offering.

The securities described above are being offered by Ducommun pursuant to a shelf registration statement on Form S-3 that was filed with the U.S. Securities and Exchange Commission (the “SEC”) and was declared effective on November 17, 2022. A preliminary prospectus supplement and the accompanying prospectus relating to the Offering was filed by Ducommun with the SEC and is available on the SEC’s website at www.sec.gov. A final prospectus supplement and the accompanying prospectus relating to the Offering will be filed by Ducommun with the SEC. The Offering may only be made by means of a prospectus, including a prospectus supplement, that forms part of the registration statement referred to above. Copies of the prospectus supplement and the accompanying prospectus relating to the Offering, when available, may be obtained by contacting: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: (866) 471-2526, facsimile: 212-902-9316, email: [email protected]; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146); RBC Capital Markets, LLC, Attn: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, by telephone at (877) 822-4089 or by email at [email protected]; or B. Riley Securities by telephone at (703) 312-9580 or by email at [email protected]. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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