Motorcar Parts of America Inc. announced Tuesday it had raised about $67 million with the completion of a secondary public offering of 2.8 million shares of common stock.

Shares of the Torrance manufacturer and distributor of automotive aftermarket parts were sold to the public at $26 a share, with underwriters Craig-Hallum Capital Group, Roth Capital Partners and B. Riley & Co. having an option to purchase up to 360,000 additional shares.

Motorcar Parts said it intended to use the proceeds for working capital and other general corporate purposes.

Shares of the company closed at $30.57, up less than a point, in Tuesday trading.