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Mayville Engineering Company, Inc. Announces Pricing of Initial Public Offering
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Mayville Engineering Company, Inc. Announces Pricing of Initial Public Offering

MAYVILLE, Wis.–(BUSINESS WIRE)–Mayville Engineering Company, Inc. (“MEC”) today announced the pricing
of its initial public offering of 6,250,000 shares of common stock at a
price to the public of $17.00 per share. In addition, MEC has granted
the underwriters a 30-day option to purchase up to an additional 937,500
shares of common stock at the initial public offering price, less
underwriting discounts and commissions. The shares are expected to begin
trading on the New York Stock Exchange on May 9, 2019 under the symbol
“MEC” and the offering is expected to close on May 13, 2019, subject to
customary closing conditions.

Baird, Citigroup and Jefferies are acting as lead book-running managers
for the offering. UBS Investment Bank and William Blair are also acting
as joint book-running managers for the offering.

The offering is being made only by means of a prospectus. Copies of the
final prospectus relating to this offering may be obtained, when
available, from Robert W. Baird & Co. Incorporated, Attention: Syndicate
Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, by telephone
at (800) 792-2473, or by email at syndicate@rwbaird.com;
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or by telephone at (800)
831-9146; or Jefferies LLC, Attention: Equity Syndicate Prospectus
Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by
telephone at (877) 821-7388, or by email at prospectus_department@jefferies.com.

A registration statement relating to these securities has been filed
with the SEC and was declared effective on May 8, 2019. It may be
obtained by visiting the SEC’s website www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, 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.

About MEC

Founded in 1945, MEC is a leading U.S.-based value-added manufacturing
partner that provides a broad range of prototyping and tooling,
production fabrication, coating, assembly and aftermarket services. Our
customers operate in diverse end markets, including heavy- and
medium-duty commercial vehicle, construction, powersports, agriculture,
military and other end markets. Along with process engineering and
development services, MEC maintains an extensive manufacturing
infrastructure in 21 facilities across eight states. These facilities
make it possible to offer conventional and CNC stamping, shearing, fiber
laser cutting, forming, drilling, tapping, grinding, tube bending,
machining, welding, assembly and logistic services. MEC also possesses a
broad range of finishing capabilities including shot blasting,
e-coating, powder coating, wet spray and military grade chemical agent
resistant coating (CARC) painting.

Contacts

Nathan Elwell
Lincoln Churchill Advisors
(847) 530-0249
nelwell@lincolnchurchilladvisors.com

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