text_combined: hanover hanover stock price closed 35 26 today recently march 5 40 50 pricing secondary offering afternoon set 35 15 net 4 spread sellers receive 33 74 per share jedi net proceeds 1 173 344 shares sold 41 2 million ena 60 share 24 7 million although ena hanover position hedged raptor put price costless collar 34 875 unhedged loss 800 thousand jedi share overallotment 289 500 full overallotment allocated whether underwriters exercise option dependent stock performance 30 day option period jedi remaining 4 3 million hanover shares subject 120 day lockup