Blue Bird Corporation (NASDAQ: BLBD) announced today that it has filed a "universal shelf" registration statement on Form S-3 with the Securities and Exchange Commission (SEC) for the registration of shares of the Company’s Class A common stock, debt securities, preferred stock and/or warrants.

When declared effective by the SEC, the shelf registration statement will allow the Company to raise capital, up to an aggregate of $200.0 million. The specifics of any future offering, along with the prices and terms of any such securities and the use of proceeds of a particular offering, will be determined at the time of any such offering and will be described in a prospectus supplement filed in connection with such offering. Once declared effective by the SEC, the shelf registration statement will be in effect for three years, or such shorter period that the securities registered under the shelf registration statement have been issued or sold.

"Today’s shelf registration was filed in the ordinary course of business," said Razvan Radulescu, Blue Bird’s Chief Financial Officer. "We believe it is both a prudent and fiscally responsible corporate governance practice to have an active shelf registration that provides us with continued flexibility in our capital management, and, especially in light of the tremendous growth opportunities provided by the recent Bipartisan Infrastructure Deal legislation, the company needs to be able to react swiftly to the rapidly evolving electric-vehicle space."