Seneca Foods in Equity Offering

July 21, 2009

Cleary Gottlieb represented Bank of America Merrill Lynch and Piper Jaffray & Co. as underwriters in a $77 million offering by Carl Marks Management Company L.P. and certain of its affiliates of 3,756,332 shares of Seneca Foods Corporation’s Class A common stock (including 489,956 shares pursuant to the underwriters’ exercise of their over-allotment option). The deal priced on July 15 and closed on July 21. The public offering price of the shares, which are listed on the NASDAQ Global Market, was $22.00.

Seneca Foods is one of the nation’s largest fruit and vegetable processing companies.